Indonesian Finance Minister Sri Mulyani Indrawati. - Reuters
JAKARTA (The Jakarta Post/ANN): Taking into account mobility restrictions put in place earlier this month, the government has lowered its economic growth forecast for this year to between 3.7 and 4.5 per cent, but businesspeople think more is possible.
The new GDP growth projection, issued by the Finance Ministry’s Fiscal Policy Agency, marks a significant change from the initial expectation that growth would rebound this year to a pre-pandemic level in the range of 4.5 to 5.3 per cent.
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