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Indonesia Finance Minister lowers 2022 GDP growth forecast to 4.5per cent-5.2per cent

Indonesia Finance Minister lowers 2022 GDP growth forecast to 4.5per cent-5.2per cent

FILE PHOTO: Indonesia's Finance Minister Sri Mulyani Indrawati attends the World Economic Forum on ASEAN at the Convention Center in Hanoi, Vietnam September 12, 2018. REUTERS/Kham

JAKARTA : Indonesia's finance minister lowered the 2022 economic growth outlook to between 4.5per cent to 5.2per cent on Monday, compared with a previous outlook of 4.8per cent to 5.5per cent.

Sri Mulyani Indrawati did not explain the downgrade, but said the government would continue to support Indonesia's economic recovery from the COVID-19 pandemic through reforms. She was speaking at an online infrastructure seminar.

(Reporting by Gayatri Suroyo; Editing by Kanupriya Kapoor)

Source: Reuters

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