Jakarta, April 24 -- Bank Indonesia (BI) Governor Perry Warjiyo forecast Indonesia's economic growth in the 2024 first (Q1) and second (Q2) quarters to be higher than in the 2023 fourth quarter (Q4), with support from strong domestic demand.

"Economic growth in the first and second quarters of 2024 is predicted to be higher than the fourth quarter of 2023, supported by domestic demand that remains strong from household consumption in line with Ramadan and Eid al-Fitr," he stated here on Wednesday.

He made the statement at a virtual press conference on the results of the meeting of the BI Board of Governors for April 2024.

According to data from Statistics Indonesia (BPS), Indonesia's economic growth was recorded at 5.04 percent year-on...