Thus far, this coordination is carried out, among others, through inflation control taskforce at national level (TPI) and regional level (TPID). Distinguished Guests, Ladies, and Gentlemen The performance of Indonesia’s external sector also shows resiliency. Amidst escalated global economic uncertainty, Indonesia’s balance of payments in 2011 continued recording a considerable surplus.
Real GDP growth is also expected to be lower than projected in June at 1.6% for 2016 and follow an even more downward trend due to the Brexit effect (the hit to the European economy is a real GDP decrease of around 0.5% over the next three years, but this is a very early forecast). 3.