Sunday, November 15, 2009

Indonesia Economy May Have Grown Faster as Asia Leads Recovery

From Bloomberg.com

Indonesia’s economic growth may have accelerated for the first time in more than a year as lower interest rates and a strife-free election stoked spending.

“Market confidence in the current government is high,” said David Sumual, an economist at PT Bank Central Asia in Jakarta. “Political stability is one of the reasons for Indonesia’s steady growth.”

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