KONTAN.CO.ID - JAKARTA. The government on Monday submitted the macroeconomic assumption and basic fiscal policy for the 2020 state budget, which among other things proposed a gross domestic product (GDP) growth projection of 5.3 to 5.6 percent. The projection is lower than the figure in the 2019 state budget, which is 5.4 to 5.8 percent. Finance Minister Sri Mulyani Indrawati said the global and domestic condition would still cast a shadow over the country’s economy in 2020.
Government projects 5.3 to 5.6 percent GDP growth in 2020
KONTAN.CO.ID - JAKARTA. The government on Monday submitted the macroeconomic assumption and basic fiscal policy for the 2020 state budget, which among other things proposed a gross domestic product (GDP) growth projection of 5.3 to 5.6 percent. The projection is lower than the figure in the 2019 state budget, which is 5.4 to 5.8 percent. Finance Minister Sri Mulyani Indrawati said the global and domestic condition would still cast a shadow over the country’s economy in 2020.