Not So Optimistic Estimates for Indonesia
Monday, June 12, 2023
In Indonesia, the signal of tight liquidity in the global financial market is apparent in the significant fall in foreign reserves.
THE global economy will perform better this year than previously estimated. That is the World Bank’s conclusion in the June edition of its Global Economic Prospect (GEP) report, which was released last week. The World Bank predicts that global economic growth will reach 2.1 percent this year, a significant increase from its previous prediction in January, which was 1.7 percent. If we have confidence in the accuracy of the World Bank’s
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