Indonesian economic growth rises to nine-year high ...Middle East

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JAKARTA: Indonesia’s economic growth accelerated to a nine-year high in 2022 despite global uncertainty and a final-quarter slowdown, official data showed Monday, owing to soaring commodity prices and easing Covid-19 curbs.Indonesia was badly affected by the coronavirus pandemic, with its exports and tourism-reliant economy taking a massive hit in 2020 as GDP shrunk by 2.07 percent -- its first recession since the 1997 Asian financial crisis.But Southeast Asia’s largest economy has bounced back since then, posting economic growth last year of 5.31 percent, Statistics Indonesia said Monday, the highest level since 2013.“The figures show that Indonesia’s economy grew solidly in 2022,“ statisti

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