Indonesian Bankers Say Growth, Inflows Could be Hit by Trump's Policies

MACROECONOMICS - JAKARTA. Indonesia's growth and portfolio investment could be hit if planned policies of U.S. President-elect Donald Trump disrupt global trade and make it harder to cut interest rates, bankers at state-run lenders told a parliamentary hearing on Wednesday.

A U.S.-China trade war could take around 0.2 percentage points off Indonesia's economic growth next year, and even more if other countries followed suit, said Sunarso, the president director of Bank Rakyat Indonesia (BRI).

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