Wednesday 22 July 2009

Indonesia economy a ‘winner’, says World Bank

Indonesia’s economy is set to emerge a “winner” after avoiding the worst of the global financial crisis, the World Bank’s country director Joachim von Amsberg said. Indonesia as Asia’s fastest-growing major economy after China and India can expand significantly more than 7 percent once President Susilo Bambang Yudhoyono fixes the nation’s congested roads, neglected ports and ageing power plants, he added. Indonesia, he said, may expand as much as 4 percent this year.
Source: PA Asia - Public Affairs and CSR from The Jakarta Post, 11 July 09, p.13

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