Economists question Indonesia's ambitious 6% growth target for 2027, citing 'too much too quickly' and deficit concerns
President Prabowo Subianto aims to lift economic growth to 6% in 2027 while keeping the fiscal deficit at 2.4% of GDP. However, economists like Ashok Bhundia of the Institute of International Finance believe these targets are "overly ambitious on timelines" and may require an "unanticipated commodity boom." Capital Economics' Gareth Leather called 6% growth a "huge kind of leap," while Yanuar Rizky of Bright Institute deemed budget assumptions "completely unrealistic." The plan comes as MSCI extended its review until November on whether to downgrade Indonesia to a frontier market, amid concerns over fiscal spending and central bank independence.
Source:CNBC头条 · Source Link
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