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Economy / Indonesia

Macroeconomic Forecast Indonesia

April 2007 | Macroeconomic Forecasts

BMI View: Our year-end interest rate forecast has been revised downwards, to 8.25%. The private sector has been released from the stifling grip of the country's tight monetary policy which, since April 2006, has been gradually relaxed to allow for a resumption of investment and consumption expenditure. With this trend expected to continue in 2007, amid further monetary easing, we anticipate a pick-up in GDP growth to 6.2%, from 5.2% in

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