The Growth of Indonesia’s Economic Condition
According to the
article was I read, Indonesia's economic condition from 2018 untill now has
shown positive results. In fact, Indonesia's economic development performance
throughout 2018 has even improved compared to the previous year. The reasons is
because the economic fundamentals has been stronger with low inflation, and the
achievement of growth targets. Not only that, declining unemployment also
proves that Indonesia continues to improve its economy. All of that things can
allows Indonesia to get out of the middle income trap.
From the other
side, export prospects also improved. This is in line with the projected
increase in global economic growth and improvement in commodity prices. After
that, Improvements also happening in the rupiah exchange rate. BI estimates
that, by 2020, the prospect of strengthening the balance of payments will
continue. The conclusion is the Indonesia’s economic condition is in good news
and still grow up with another aspect.
