Indonesia's economic growth target unrealistic, says Indef

Indonesia's economy grew 4.97 percent between last year’s fourth quarter and the same period the year before, the weakest in almost three years, Statistics Indonesia (BPS) announced on Wednesday. (JP/Ricky Yudhistira)

JAKARTA, Feb 7, Jakarta Post/ANN -- The government's economic growth target in 2020 is unrealistic given last year’s sluggish economic expansion and looming risks from the coronavirus outbreak, economists have said.

Institute for Development of Economics and Finance (Indef) economist Abdul Manan Pulungan said the global uncertainty that hampered global growth last year would continue this year, adding that there was no sign that Indonesia’s exports would pick up.