Speaking at a parliamentary hearing on Tuesday, Indonesian Finance Minister Sri Mulyani Indrawati said Indonesia’s economic growth seems to have expanded slightly in the fourth quarter of 2019 to 5.06%.
Key Quotes:
Consumption is likely to have stagnated and public spending weakened.
Full-year 2019 growth was seen at 5.05%, below the government’s target of 5.3%.
The government is scheduled to release the official GDP data next week.
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