IMF Predicts Indonesia's Economy To Stagnant At 5.1 Percent, Airlangga: Its Name Is Also Projected

Rupiah (Photo: Antara)

Coordinating Minister for Economic Affairs Airlangga Hartarto opened his voice regarding projections from the International Monetary Fund (IMF) which projects economic growth throughout the Prabowo-Gibran government to stagnate at the level of 5.1 percent.

According to Airlangga, this projection does not need to worry because this figure is only a projection. In fact, he is still optimistic that Indonesia's economic growth is still at 5.2 percent this year amid a global slowdown.

"The name is the IMF projection, there is no need to worry. Every year there will be changes," said Airlangga to the media crew in Jakarta, quoted Friday, August 9.

In addition, Airlangga ensured that the current and future governments would maintain fiscal affairs carefully in maintaining the state budget.

"So far, Indonesia has maintained fiscal properly, we will continue," he said.

For information, the IMF's projection regarding economic growth in the Prabowo government is stated in the Article IV Consultation in 2024 of the August 2024 Edition.

Even so, the IMF did not explain in detail regarding Indonesia's stagnant economic growth until 2029. However, the IMF revealed that the Indonesian economy remains strong despite external obstacles.