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Top related persons:
Prabowo - 1 Joko Widodo - 1 Krisna Gupta - 1 Widodo - 1 Economic Affairs Airlangga Hartarto - 1 Sri Mulyani - 1 Radityo Dharmaputra - 1 Indonesia's - 1
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Indonesia Ukraine State Russia Jakarta Southeast Asia Crimea Subianto
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World Bank - 1 State of - 1 Global - 1 Center - 1 Indonesian - 1 Center for Indonesian - 1 Studies - 1 Bank - 1

Search resuls for: "Economic Affairs Airlangga Hartarto"


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☆ How Indonesia's economic vision is under threat by Russia's war on Ukraine
  + stars: | 2024-02-16 | by ( Sponsor Post | Sponsored Foreign | Commonwealth | ) www.businessinsider.com   time to read: +5 min
As Prabowo Subianto looks set to succeed Joko Widodo as President, economic growth remains resilient and inflation has stayed low over the past year. But external risks, including Russia's war on Ukraine, continue to cloud the horizon. The World Bank warned in January that global growth will slow for the third consecutive year, to 2.4% in 2024, when the global economy may record the slowest half-decade of GDP growth in 30 years. The government remains hopeful of hitting its 5.2% target in 2024, said Coordinating Minister for Economic Affairs Airlangga Hartarto in early February, acknowledging the risks posed by global economic turmoil, such as the Ukraine-Russia conflict. Regional leadershipTo reach developed country status, a nation typically requires sustained annual economic growth of 7% for 15 consecutive years.
Persons: Prabowo, Joko Widodo, Krisna Gupta, Widodo, Economic Affairs Airlangga Hartarto, Sri Mulyani, Radityo Dharmaputra, Indonesia's Organizations: World Bank, State of, Global, Center, Indonesian, Center for Indonesian, Studies, Bank, Economic Affairs, for Economic Co, OECD, Universitas Airlangga, Ukraine, Insider Studios, Foreign, Commonwealth & Development Office Locations: Indonesia, Ukraine, State, Russia, Jakarta, Southeast Asia, Crimea, Subianto
☆ Growth is slowing in Indonesia and events thousands of miles away are playing a part
  + stars: | 2023-03-16 | by ( Sponsor Post | Created Insider Studios With Fcdo | ) www.businessinsider.com   time to read: +6 min
However, Russia's invasion of Ukraine, which has dented economies around the world, is contributing to growth slowing down in Indonesia. The food sector has been strongly affected by the war in Ukraine, which has disrupted wheat and fertilizer imports into Indonesia. After recording economic growth of 5.3% in 2022, the strongest for almost a decade, Indonesia is now braced for growth to slow down intensified by Russia's invasion of Ukraine. With weakening commodity and energy prices denting export earnings, Indonesia is contending with economic headwinds as fears of a global recession mount. Indonesia, one of Asia's success stories of recent years, has been less hard-hit than many emerging economies by the war in Ukraine.
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