Indonesian growth hurt by slowdown in BRIC partners

By Staff | May 6, 2013 | Last updated on May 6, 2013
1 min read

Indonesia’s economy is being stymied by the slowdown in India and China, countries that consume the bulk of its exports.

Growth in the biggest economy in southeast Asia has also been impacted by falling commodity prices and uncertainty around government policies ahead of national elections 2014, reports

However, investors remain confident in Indonesia’s longer-term prospects supported by “a demographic dividend, with half of the 240m population under 30 years of age, plentiful natural resources and relative political stability since the fall of the Suharto dictatorship in 1998.”

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The staff of have been covering news for financial advisors since 1998.