Indonesia sees economic growth at 5 per cent or below in Q1

Indonesia sees economic growth at 5 per cent or below in Q1
Jakarta-Indonesia.

JAKARTA - Indonesia's economy will grow 5 per cent or slower in the first quarter, Finance Minister Bambang Brodjonegoro said on Friday.

Indonesia's gross domestic product expanded 5.02 per cent for the full year in 2014, and the economy grew a slightly better than forecast 5.01 per cent in the fourth quarter from the same period a year earlier.

Indonesia's economic growth slipped to its weakest in five years in 2014 as weak exports and investments dragged, underlining the challenges facing the country's new President Joko Widodo.

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