Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Bank Indonesia: Economic Growth to Increase 5.8 Percent

Translator

internship

Editor

Laila Afifa

23 July 2021 07:00 WIB

Governor of Bank Indonesia Perry Warjiyo delivered a presentation at the Digital Transformation For Indonesian Economy event at the Kempinski Hotel, Jakarta, Wednesday, March 11, 2020. TEMPO held a discussion entitled Digital Transformation for Indonesian Economy with the theme Finding The New Business Models. TEMPO / M Taufan Rengganis

TEMPO.CO, JakartaBank Indonesia (BI) Governor Perry Warjiyo estimates that the global economic growth in 2021 will be 5.8 percent, higher than the previous projection of 5.7 percent.

"The global economy is predicted to grow at a higher rate than previously projected amid global market uncertainty that is increasing again due to the spread of the Covid-19 delta variant in various countries," Perry said in an online press conference on Thursday, July 22, 2021.

BI governor explained that the increase in economic growth in the United States and the European region was complementary with the acceleration of vaccination and the continued fiscal and monetary stimulus in these countries.

In regions such as India and ASEAN, according to Perry, it is estimated to be lower. This is due to the implementation of people’s mobility restrictions in order to suppress the re-escalation of Covid-19 cases. Meanwhile, the high economic growth will be pivoted by China.

In line with economic growth which is expected to increase, trade volume and world commodity prices are also expected to be higher. This would mean that it would be able to support exports of developing countries, including Indonesia, in order to boost the national economic recovery.

Meanwhile, the global financial market uncertainty has increased due to the concerns in the market regarding the increasing spread of Covid-19 as well as its impact on the world economic outlook.

Read: Sri Mulyani Forecasts Economic Growth Up to 8.3% in Q2 2021

Syaharani Putri | Maudey K. Setyakusuma (Intern)


Bank Indonesia Readies Rp197.6 trillion for Ramadan, Eid al-Fitr Season

3 hari lalu

Bank Indonesia Readies Rp197.6 trillion for Ramadan, Eid al-Fitr Season

Bank Indonesia projects that the country will require over Rp197.6 trillion this Ramadan and Eid al-Fitr season.


Indonesia's Aviation Sector to Recover 100% in 2024 Post COVID-19 Pandemic

11 hari lalu

Indonesia's Aviation Sector to Recover 100% in 2024 Post COVID-19 Pandemic

The recovery in the aviation sector post-COVID-19 pandemic has reached 83 percent.


International Women's Day 2024: Investing in Women, a Catalyst for Economic Growth

11 hari lalu

International Women's Day 2024: Investing in Women, a Catalyst for Economic Growth

Targeted investments in women's empowerment is critically needed as women and girls worldwide continue to grapple with marginalization, UN Women says.


State Debt Exceeds Rp8 Quadrillion, Ministry Says Interest and Exchange Rate and Maturity Risks under Control

12 hari lalu

State Debt Exceeds Rp8 Quadrillion, Ministry Says Interest and Exchange Rate and Maturity Risks under Control

Government debt stood at Rp8.25 quadrillion as of Jan. 31, 2024, an increase of 38.75 percent of gross domestic income or GDP.


Prabowo Subianto Claims Indonesians Must Not 'Live Miserably' as Part of G20

12 hari lalu

Prabowo Subianto Claims Indonesians Must Not 'Live Miserably' as Part of G20

Prabowo Subianto said that Indonesia, as a member of the G20, must not let its people live miserably.


Bank Indonesia: Single Round Election May Help Economy Grow More than 5.1%

13 hari lalu

Bank Indonesia: Single Round Election May Help Economy Grow More than 5.1%

Bank Indonesia (BI) Governor Perry Warjiyo is confident that Indonesia's economic growth will exceed 5.1 percent in 2024.


Prabowo Steadfast to Hit 8% Economic Growth in Next 5 Years

13 hari lalu

Prabowo Steadfast to Hit 8% Economic Growth in Next 5 Years

Presidential candidate number 2 Prabowo Subianto is determined to augment Indonesia's economic growth by eight percent in the next five years.


Sports Minister Says Homegrown Racers Necessary to Popularize F1 Powerboat in Indonesia

17 hari lalu

Sports Minister Says Homegrown Racers Necessary to Popularize F1 Powerboat in Indonesia

The 2024 F1 Powerboat will be held in Lake Toba, North Sumatra, this weekend.


Jokowi Says Indonesia Safe from Economic Recession Amid Sluggish Global Economy

18 hari lalu

Jokowi Says Indonesia Safe from Economic Recession Amid Sluggish Global Economy

Jokowi says the chances of economic recession in Indonesia are still very small compared to larger countries such as the US, the UK, or Japan.


Bank Indonesia Estimates 2024 Global Economic Growth at 3%, Weaker Than Last Year

18 hari lalu

Bank Indonesia Estimates 2024 Global Economic Growth at 3%, Weaker Than Last Year

Bank Indonesia says the global economy this year will be weaker compared to 2023.