QNB forecasts continued strong economic performance in Indonesia
The Peninsula
Doha: Qatar National Bank (QNB) predicts a positive economic outlook for Indonesia, driven by a pro business government focused on continuity, favorab...
Doha: Qatar National Bank (QNB) predicts a positive economic outlook for Indonesia, driven by a pro-business government focused on continuity, favorable demographics, a strong fiscal framework, and a solid pipeline of infrastructure and capital investment projects.
In the report, QNB outlined three key factors behind this optimism, despite headwinds such as rising US protectionism and fluctuating commodity prices.
The first is Indonesia's demographics, which act as a long-term driver of growth.
The population continues to grow rapidly, and this demographic momentum is expected to fuel economic expansion for decades to come.
The report notes that with Indonesia's relatively young population, the number of working-age individuals is projected to grow faster than the number of dependents, creating a demographic dividend.
