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INDONESIA: World Bank Forecasts GDP to expand +5.1% in 2025. 

INDONESIA
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  • The World Bank has launched it’s economic prospects report for Indonesia forecasting a growth rate of +5.1% in 2025.
  • The World Bank predicts favourable commodity prices and exports as key drivers.
  • Key risks include trade tensions with the US, delayed reforms.
  • Indonesia’s new government has made it clear that it intends to “pursue fiscal reforms through improving tax collection and clamping down on avoidance, more targeted and appropriate use of fiscal resources and using more innovative financing measures” according to the Deputy Finance Minister who attended the launch.   
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  • The World Bank has launched it’s economic prospects report for Indonesia forecasting a growth rate of +5.1% in 2025.
  • The World Bank predicts favourable commodity prices and exports as key drivers.
  • Key risks include trade tensions with the US, delayed reforms.
  • Indonesia’s new government has made it clear that it intends to “pursue fiscal reforms through improving tax collection and clamping down on avoidance, more targeted and appropriate use of fiscal resources and using more innovative financing measures” according to the Deputy Finance Minister who attended the launch.