Jakarta (ANTARA) – President Joko Widodo (Jokowi) stated that Indonesia was among the three countries in G20 whose economic growth rate reached the figure above five percent, along with India and China.”Among G20 countries, only Indonesia, India, and China managed to reach the figure of more than five percent of economic growth,” he remarked while attending the 2023 national conference of Real Estate Indonesia (REI) in Jakarta on Wednesday. The G20 constitutes a multilateral forum comprising the European Union and 19 countries, with the contribution of 79 percent to global trade and 85 percent to the world’s economy. The president noted that in the second quarter of 2023, Indonesia’s economic growth was recorded at 5.17 percent (year on year/yoy), adding that it was the seventh consecutive quarter that the country had succeeded in pegging a rate at above five percent. “Like Mr Lusida, REI chairman, has said, our economic performance has gone better. It was announced on Monday that we reached 5.17 percent of economic growth,” he affirmed.
Source: Antara News Agency