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PostedAug 2408/24/2024, 03:01 AM
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📈Indonesia's budget for 2025 – which sectors are expected to grow the most The Indonesian government approved a $230 billion budget for next year. Bloomberg looked at which sectors of the Indonesian economy will benefit from it, and which public companies will show the most growth. 📈The obvious winners of the new budget: ・Food industry ・Healthcare ・Commercial and hotel real estate ・Automotive industry ・Mining ・Green energy That said, there are also potential losers in the form of large construction companies following a 6% cut in infrastructure spending. Overall, Indonesia's stock market has performed enviably well when compared to Europe or Asia. For example, the growth over 10 years amounted to 47%. @BaliNews #economics#business