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INDONESIAN ECONOMY TO GROW 4.4 PCT IN 2004: CITIGROUP.
JAKARTA, April 1 Asia Pulse - Citigroup has forecast that Indonesia's economy will expand by 4.4 per cent this year, driven by consumption sector and favorable international condition.
Citigroup's forecast is lower than the government's target of 4.8 per cent economic growth for 2004.
Tay Soo How, a Citigroup director for Asia, said fast recovery of the U.S., Japanese and European economies will contribute to smooth growth of Indonesia's economy.
Sentiment for global economic revival is high after ...
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