Economic Focus for 2021

Meanwhile Finance Minister Sri Mulyani Indrawati has revised Indonesian economic growth target in 2020, to minus 0.2-minus 1.1% of GDP, from initial target of 2.3% of GDP. This year, the inflation rate is predicted around 2-4%, interest rate 3-4%, the Rupiah 14,400-14,800 against the US dollar, ICP US$35-40 a barrel, oil lifting 705,000 barrels per day, and gas lifting 992,000 barrels equivalent per day.