Jakarta doubles down on growth goal of 8% this year


Waiting game: A shopkeeper sits among watermelons at a market in Bogor, West Java. Indonesia’s economy grew at a rate of 5.03% last year. — AFP

Jakarta: A top adviser to President Prabowo Subianto has expressed confidence that Indonesia will achieve at least 8% year-on-year economic growth in this year’s final quarter thanks to the government’s food and housing programmes.

Speaking at the Indonesia Economic Summit organised by the Indonesia Business Council (IBC) last Wednesday, Hashim Djojohadikusumo said the free nutritious-meal programme for 82 million beneficiaries would single-handedly boost gross domestic product (GDP) growth by two percentage points once it reaches full scale.

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Indonesia , GDP , growth

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