Economic Outlook and Challenges

Bank Indonesia (BI) highlights ongoing economic uncertainty and predicts global economic growth of 3.1% in 2025, similar to the current year. BI also warns of persistent global inflation and notes that despite many countries raising interest rates, returning to previous levels remains challenging. BI and market players hope for a rate cut by The Fed by late 2024. Additionally, BI emphasizes the strong influence of global uncertainty and geopolitical tensions on Indonesia's economy.

What is the expected global economic growth rate for 2025 according to Bank Indonesia?

• 2.5%

• 3.1%

• 4.0%

• 3.5%

What challenge do countries face despite raising interest rates?

• Reducing inflation

• Returning interest rates to initial levels

• Increasing economic growth

• Decreasing unemployment

What is the hope of BI and market players regarding the Federal Reserve's interest rates by the end of 2024?

• Abolish the rates

• Reduce the rates

• Maintain the current rates

• Increase the rates

What additional factor does BI consider as contributing to global uncertainty?

• Cultural shifts

• Environmental changes

• Geopolitical tensions

• Technological advancements

How might geopolitical tensions affect Indonesia according to BI?

• Impact on the economy

• Rise in foreign investments

• Increase in tourism

• Boost in exports