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Indonesia economic quarterly : closing the gap (Bahasa (Indonesian))

Indonesia’s real gross domestic product (GDP) expanded by 5.0 percent yoy in Q2 2017, unchanged from Q1. Growth rates have been steady at around 5 percent since Q1 2014, lower than those recorded at the beginning of the decade. While this growth rate places Indonesia among the fastest-growing large economies in the world, the lack of an acceleration is a matter of concern, considering the favorable external environment and domestic policy reform momentum. Government consumption is expected to increase in 2018, but deficits will remain contained due to enhanced revenue performance linked to economic growth and tax reforms. It is critical to maintain reform momentum as gaps in physical and human capital, as well as institutional quality, are still significant. The government has begun to take measures, but accelerating the pace of private sector investments to close the infrastructure gap with emerging economies will require further efforts.

Details

  • Author

    Kurniawan,Jerry

  • Document Date

    2017/10/16

  • Document Type

    Correspondence

  • Report Number

    125291

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Indonesia,

  • Region

    East Asia and Pacific,

  • Disclosure Date

    2017/10/16

  • Disclosure Status

    Disclosed

  • Doc Name

    Indonesia economic quarterly : closing the gap

  • Keywords

    private sector participation in infrastructure; private sector in infrastructure development; public investment in infrastructure; effective exchange rate index; gross fixed capital formation; current account deficit; Oil & Gas; global financial market; global trade volume; food price inflation; balance of payment; domestic food prices; Oil and Gas; export of goods; import of goods; private consumption growth; foreign direct investment; Capital Adequacy Ratio; consumer goods sectors; commodity price; regional equity index; private sector financing; private sector involvement; stable financial market; stable exchange rate; household electricity price; value added tax; household expenditure data; expenditure on food; government bond yield; global capital flow; motor vehicle sale; consumer price index; working age population; financial market participant; budget execution rate; corporate bond issuance; pension fund asset; consumer purchasing power; composition of expenditure; public infrastructure investment; investment in buildings; sovereign credit rating; domestic policy reform; domestic institutional investor; difficulties due; energy and water; domestic crude oil; liquefied natural gas; capital goods import; contraction in consumption; net indirect tax; crude oil market; increase in prices; emerging market economy; increase in expenditure; staple food crop; basic food item; consumer confidence index; investment growth; monetary policy; import growth; real gdp; export growth; working capital; festive season; government consumption; industry sector; upward pressure; public capital; electricity tariff; private investment; advanced economy; agriculture sector; credit growth; global growth; administered price; core inflation; net export; downward movement; fiscal management; macroeconomic fundamentals; investment lending; monetary condition; banking system; lending rate; coal price; working day; infrastructure sector; reverse repo; real growth; bank deposit; palm oil; household consumption; base metal; Emerging economies; capital expenditure; stable growth; real wage; commodity export; average values; International Trade; emerging economy; global economy; trade growth; equity market; construction sector; Haver Analytics; employment growth; Labor Market; domestic demand; exporting country; price pressure; social spending; electricity subsidies; retail sale; weather condition; raw food; production side; safe haven; goods export; export commodity; infrastructure needs; cooking oil; processed food; manufacturing export; oil import; regulatory constraint; macroeconomic indicator; budget outcome; borrowing cost; Public Services; budget balance; social work; education service; Education Services; inflationary expectation; Health Service; election result; political development; job market; deposit rate; financing instrument; local bank; price level; wage increase; job growth; external environment; fiscal responsibility; web portal; current investment; fiscal space; benchmark rate; local operator; digital infrastructure; food distribution; Capital Inflows; cigarette tax; precautionary saving; income household; treasury bill; press release; sales tax; import duty; food delivery; food commodity; legal limit; fiscal instrument; good traffic; improving infrastructure; public consumption; import policy; expenditure allocation; multiple actor; core infrastructure; capital injection; positive impact; earnings inequality; program leader; social indicator; incremental improvement; private company; administrative support; strategic guidance; medium-term development; project revenue; Social Welfare; smaller share; increasing consumption; working-age population; banking sector; deposit growth; Rural Credit; primary income; unemployment rate; trade shock; global context; rice price; industrial production; portfolio inflow; banking asset; global bond; industrial job; net asset; personal tax; business environment; asset purchase; weighted average

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Citation

Kurniawan,Jerry

Indonesia economic quarterly : closing the gap (Bahasa (Indonesian)). Indonesia economic quarterly Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/686671508145706937/Indonesia-economic-quarterly-closing-the-gap