JAKARTA - Bank of Singapore Development (DBS) estimates that Indonesia's economic growth in 2025 will reach 5.1 percent, this figure is higher than 5.03 percent in 2024.
"By relying on recovery in the second half, DBS Group Research maintains growth projections of 5.1 percent on an annual basis for 2025, slightly higher than 5.03 percent in 2024," said Senior Economist DBS Bank
According to him, Indonesia's economic growth is predicted to face two-way strengths in the first half of 2025 and in the second quarter of 2025 it is a strong period for economic growth due to Ramadan and Eid al-Fitr.
In addition, at the same time, government policies regarding welfare, macroprudential relief for several sectors, increase in the minimum wage, and better real wage growth are expected to support growth.
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However,men assessed that spending cuts tend to provide negative fiscal impetus, reduce trust, and delay the participation of private sector players in the continuity of the project.
In addition, according to him, the surge in election-related activities in the first half of 2024 last year made economic growth difficult to compare.
Meanwhile,mencapaikan perdagangan barang kemungkinan akan menghadapi surplus yang lebih narrow karena moderasi pertumbuhan di tempat lain.
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