IMF Projects a Sunny Economic Growth for Indonesia

While economic growth in other developing countries is predicted to be lower, the IMF revises its forecast for Indonesia upward, from 4.8 percent to 5 percent.

Yopie Hidayat

April 24, 2023

THE outlook is somewhat pessimistic. That is the tone of the most current forecast from the International Monetary Fund (IMF) on the state of the global economy in 2023. In its World Economic Outlook (WEO) April 2023 edition, the IMF projects the global economy to grow at a rate of 2.8 percent, slightly lower than its previous prediction of 2.9 percent in the October 2022 WEO.

One of the main problems plaguing the world economy is the ongoing in

...

More Articles