Indonesia’s GDP growth forecast stays

Slower results: Fishermen check their nets after returning to the Kedonganan beach near Denpasar in Bali. The Indonesian government is relying on mobility restrictions like the one placed on the island to fight the pandemic rather than mass testing and tracing. ─ AFP

JAKARTA: The World Bank has maintained its forecast for Indonesia’s gross domestic product (GDP) growth for this year as the country lags behind some Asian economies in containing Covid-19 and in trading manufactured goods.

In its March outlook, the Washington-based lender projects Indonesia’s GDP to grow 4.4% this year, an unchanged figure from its December outlook.