Tag: Gundy Cahyadi

Indonesia growth slower than forecast in blow to Widodo

JAKARTA , Indonesia (AFP) — Indonesia’s growth rate was slower than forecast in the first quarter of 2016, official data showed Wednesday, in a blow to President Joko Widodo’s efforts to boost Southeast Asia’s top economy. The G20 economy grew 4.92 percent year-on-year from January to March, the official statistics agency said. This was slightly below economists’ forecasts and compared to 5.04 percent in the final quarter of 2015. The lower-than-expected figure was in part […]