Indonesia Finance Minister sees Q2 GDP growth at 5%, flags geopolitical risks

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Indonesia Finance Minister sees Q2 GDP growth at 5%, flags geopolitical risks

JAKARTA -Indonesia's economic growth probably slowed slightly to 5% in the second quarter and authorities are monitoring geopolitical developments that could affect the domestic economy, its finance minister said on Friday.

For all of 2024, Indonesia's economic growth is expected to be within a range of 5% to 5.2%, she said. She said these risks, as well as global uncertainties regarding the timing of U.S. monetary easing, Washington's debt plans and Treasury yield curve, will limit capital inflows to emerging markets, including Indonesia.

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