REPUBLIKA.CO.ID, JAKARTA -- The World Bank (WB) has projected that Indonesian Gross Domestic Product (GDP) would grow at a rate of 5.1 percent in 2016 amid global economic slowdown.

According to the World Bank's Indonesia Economic Quarterly, June 2016 edition, the continuing policy reforms have strengthened the resilience of the Indonesian economy and helped overcome the effects of slowing demand and the global financial market turmoil.

"The cautious financial policy, increased government investment in infrastructure and policy reforms aimed at improving the investment climate, have helped Indonesia in maintaining its rate of growth in the range of 5.1 percent," the World Bank's Country Director in Indonesia, Rodrigo Chaves, said at the Trade Ministry here on Monday.

Chaves also claimed that private consumption and government spending are also projected to sustain the economic growth in Indonesia this year.