Second-half GDP in Indonesia expected to increase from 0.3% to 2.2%, says Finmin – Agricultural products

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JAKARTA, July 9 (Reuters) – Indonesia’s gross domestic product is expected to grow between 0.3% and 2.2% in the second half of 2020 after a likely contraction in the second quarter due to fallout from the coronavirus, announced on Wednesday Minister of Finances. .

Sri Mulyani Indrawati told the parliamentary budget committee that his ministry expects the rupee to average between 14,533 and 14,950 against the dollar during the period July to December, with inflation expected between 1.98% and 4.03%.

The lifting of oil in Indonesia in the second half is estimated at 708,000 barrels per day on average, while the lifting of natural gas reaches 997,000 barrels of oil equivalent each day. (Report by Gayatri Suroyo and Maikel Jefriando; Edited by Clarence Fernandez)

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