Editorial photo #11972114 Economy, Business and Finance
IMF And World Bank Cut Indonesia's Economic Growth Forecast
Motorcyclists are caught in traffic congestion in the business district of Jakarta, Indonesia, on January 22, 2025. The International Monetary Fund (IMF) and World Bank project Indonesia's economic growth for this year to be lower than the government's expectations. In its January 2025 World Economic Outlook report, the IMF does not revise its forecast for Indonesia's economic growth, maintaining its October 2024 prediction of 5.1%. Meanwhile, the global economy is expected to remain stable at 3.3%, according to the report. (Photo by Afriadi Hikmal/NurPhoto)