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Martowardojo Says Indonesian 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.

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