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Government Expects Indonesian Economy to Grow 5.7 Percent in 2024

Economics editor Michelle Natalia
19/05/2023 17:20 WIB
The Ministry of Finance has stated Indonesia's economic growth is expected to range between 5.3-5.7 percent in 2024.
Government Expects Indonesian Economy to Grow 5.7 Percent in 2024. (Foto: MNC Media)
Government Expects Indonesian Economy to Grow 5.7 Percent in 2024. (Foto: MNC Media)

IDXChannel - The Ministry of Finance has stated Indonesia's economic growth is expected to range between 5.3-5.7 percent in 2024.

According to Minister of Finance Sri Mulyani Indrawati, her ministry continues to monitor global and domestic risks at the present time and also in the future. 

"This target aims to create an inclusive and sustainable Indonesian economy," Sri told parliament members on Friday (19/5/2023).

She  explained a range of other macroeconomic indicators were also used for preparing the 2024 state budget draft.

"Inflation is projected to be around1.5-3.5 percent, then the rupiah exchange rate is projected to be around Rp14,700-15,300 per United States dollar (USD)," said Sri.

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