Indonesia's economic growth is set to accelerate to 6.8 percent to 7.2 percent range next year, despite global uncertainties, reports said citing a document of the speech of Finance Minister Agus Martowardojo.
Martowardojo is set to deliver a speech in parliament's budget committee later on Wednesday. According to the text, inflation will remain between 4.5 percent and 5.5 percent. The central bank targets 3.5 percent to 5.5 percent inflation in 2013.
Further, the ministry expects average rupiah exchange rate at 8,700 to 9,300 per U.S dollar next year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.