Indonesia economy grows at slowest pace in 3 years, risking Prabowo’s 8% goal

Quick Summary:

The US President threatened Indonesia with a 32 per cent so-called reciprocal tariff, among the highest in the region.

Broader economic activity was held back by a 1.38 per cent contraction in state spending.

The rupiah pared gains to 0.2 per cent against the US dollar amid a broad rally in Asian currencies.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaIndonesiaJapan

Topics: Domestic Growth President Three Spending Indonesia Government 2025 Bank Trump Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 14:33:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 581 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28392116

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 17 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 5 hours ago

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Publisher ID: #25

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