Indonesian economy appears set for strong growth in 2022 as commodity prices surge


Indonesia remains the world's largest exporter of thermal coal and crude palm oil, and the price of both surged in 2021. - Reuters

JAKARTA, Jan 16 (The Straits Times/ANN): Bolstered by the commodities boom, Indonesia's economy appears set for a rapid growth rebound in 2022 as a significant decline in Covid-19 cases and deaths prompts easing of social restrictions and the reopening of borders.

The country remains the world's largest exporter of thermal coal and crude palm oil, and the price of both surged in 2021. It is also the world's second largest rubber exporter.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Indonsia , Economy , Rebound , Post , Covid-19 , 2022

   

Next In Aseanplus News

Govt to seek Hasina’s extradition
Schools shut as pollution worsens
Laos struggles to tame rampant inflation
Monkeys mob police station
Truce urged after US gives nod to hit Russia
I was duped, says woman accused of drug smuggling
Typhoon Man-yi worsens crisis with people missing and houses destroyed
Disgraced oil tycoon to be sentenced for cheating bank
Towards stronger ties with Brazil
Top clerics declare VPNs not Syariah-compliant

Others Also Read