![Indonesia's Q1 GDP growth outperforms with election, holiday boost](/content/images/size/w600/2024/05/9f6acdb0-b9ce-4b4f-aff3-bee3b8d1777e.png)
Finance
Indonesia's Q1 GDP growth outperforms with election, holiday boost
Indonesia's economic growth saw an upswing in the first quarter of 2024, with a reported 5.11% year-on-year increase, marking the highest growth in three quarters and exceeding some analysts' expectations. The growth was largely driven by heightened government spending in the lead-up to the presidential election,