ASEAN believes Indonesia could fall into a middle-income trap: Not true

The ASEAN+3 Macroeconomic Research Office (AMRO) stated that Indonesia’s government debt-to-GDP ratio is predicted to continue rising and could reach 42 percent by 2029. This rising debt trend has raised concerns about Indonesia’s future fiscal stability. The AMRO Annual Consultation Report: Indonesia 2025 highlights that this additional debt is due to a widening primary balance … Lanjutkan membaca ASEAN believes Indonesia could fall into a middle-income trap: Not true