Indonesian FinMin Indrawati sees growing downside risk to proposed 2020 5.3% GDP growth target

The Indonesian Finance Minister Sri Mulyani Indrawati was on the wires earlier today, noting that Indonesian 2020 GDP growth target faces downside risks.

Key Quotes:

Downside risk to GDP growth seen growing in 2020.

Domestic consumption in 2020 seen stable, hopes for an increase in investment.

2020 export growth may become more neutral, vs current contraction.

USD/IDR is seen retreating from two-day tops of 14,270, but the upside remains favored on persistent Yuan weakness, as US-China trade risks weigh.