BI Revises 2021 Economic Growth Projection to 3.8%

Monday, 19 July 2021

The Central Bank of Indonesia (BI) revised its projection of Indonesia’s economy for 2021. The economy in 2021 is projected to grow approximately 3.8%, lower than the previous projection of 4.1% to 5.1% ranges with the median projection of 4.6%. Inflation rate is also estimated to reach the lowest level this year, below BI’s median projection of 3%.

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