illustration

Bali's first-quarter economic growth 6.04 percent

REPUBLIKA.CO.ID, DEPASAR -- Indonesia's Bali province saw its economy growing by 6.04 percent in the first quarter of 2016, compared to 5.95 percent in the previous quarter, with real output reaching Rp32 trillion, according to Bank Indonesia (BI)."The economic growth is higher than the national economic growth figure of 4.92 percent (year-on-year)," Head of the BI Representative Office in...

Bambang Brodjonegoro

Minister of Finance says economy will grow 5.7 percent

REPUBLIKA.CO.ID, JAKARTA -- Finance Minister Bambang Brodjonegoro said here on Thursday he has been optimistic that Indonesia's economy will grow 5.7 percent this year, despite the economic slowdown in 2014."I know there was a slowdown in 2014; therefore we must push our infrastructure spending in 2015," he added.Indonesia's economy only grew 5.02 percent last year and missed the target...