Economists Warn Indonesia's 8 Percent Growth Target Risks Deficit Crisis - streamlinefeed.co.ke
Economists Warn Indonesia's 8 Percent Growth Target Risks Deficit Crisis - streamlinefeed.co.ke
Source: streamlinefeed.co.ke
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DW NOTE
Indonesia grew at 5% last year. The central bank holds rates at 6% while inflation runs at 2.7%. Proposing 8% growth now means either a spending surge that blows the deficit or monetary expansion that reprices the rupiah. Economists aren't warning about risk — they're pointing at arithmetic.