Rabu 24 Jun 2015 19:28 WIB

Minister: Economic slowdown to continue in 2016

Red: Julkifli Marbun
Sofyan Djalil
Foto: Republika/ Wihdan
Sofyan Djalil

REPUBLIKA.CO.ID, JAKARTA -- The economy will continue to be under pressure, and a slowdown will occur in the future, Chief Economic Minister Sofyan Djalil stated.

"It is forecast that there will be low economic growth for some time in the future, and thus, the government has set a lower economic growth target in 2016," the minister noted here on Tuesday.

The government has set a lower economic growth target of 5.5-6 percent in 2016. The target is set at a lower level, as it is predicted that the world economy in 2016 will continue to face pressures.

"The Indonesian economy is estimated to continue to experience low growth for some time in the future due to weak growth in the world economy," Djalil explained.