global economic growth

OJK Said High Interest Rate Era Likely to Continue Through 2027

JAKARTA, Jakartaweekly.com—The Indonesia Financial Services Authority (OJK) said that the era of high interest rates is likely to continue, marked by rising policy rates in the United States (US), Europe, and Japan.  OJK Chairman of the Board of Commissioners Friderica Widyasari Dewi said rising inflation has prompted global central banks to maintain a ‘higher for […]

Expert Says Prabowo’s 2027 Economic Growth Target is Too Optimistic

JAKARTA, Jakartaweekly.com—CELIOS Digital Economy Director Nailul Huda said the 2027 economic growth target in the 2027 Draft State Budget (RAPBN 2027), presented by President Prabowo Subianto last Friday, was overly optimistic, particularly as the government is targeting Indonesia’s economic growth to reach 6% in 2027. “I consider the 6% economic growth target too optimistic amid […]