Jokowi Leans on China, Central Bank to Revive Indonesia GDP

Updated on
  • President still confident of 7% growth target by end of term
  • Government wants interest rate to `fall, fall, fall, fall'

We Want Bank Rates to Fall: Jokowi

Indonesia President Joko Widodo is confident that more Chinese infrastructure loans and lower borrowing costs can help him reach a 7 percent growth target, rebuffing critics who doubt his ability to revive Southeast Asia’s biggest economy.

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