Indonesian Finance Minister Martowardojo Says Inflation Is ‘Under Control’
Indonesian Finance Minister Agus Martowardojo said the country’s inflation is “under control.” The central bank cut interest rates by 50 basis points on Nov. 10.
Martowardojo, who spoke to Bloomberg in an interview at the Asia-Pacific Economic Cooperation forum in Honolulu, said the Indonesian economy may grow 6.5 percent this year.
He also said that Europe should implement the Oct. 26 rescue plan.
To contact the reporter on this story: Shamim Adam in Singapore at firstname.lastname@example.org
To contact the editor responsible for this story: Peter Hirschberg at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.