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View all search resultsThe government has promised strong gross domestic product growth for the remainder of this year and onward as it expects higher consumption, underpinned by increased private sector activity and government spending.
A spending bill backed by Donald Trump failed in the US House of Representatives on Thursday as dozens of Republicans defied the president-elect, leaving Congress with no clear plan to avert a fast-approaching government shutdown that could disrupt Christmas travel.
Prabowo told his ministers and government officials that such tensions are expected to slow the growth of the world's major economies, without mentioning any country although citing a "military emergency" as an example.
Rapidly weakening growth in the world's second-biggest economy since the second quarter prompted authorities to step up efforts, with the stimulus is starting to gain traction although a property crisis and other headwinds continue to pose risks to the outlook.