Jakarta, April 26 -- Minister of Finance Sri Mulyani Indrawati projected that Indonesia's economic growth will hit 5.17 percent in the first quarter (Q1) of this year.

"With positive trends at the consumer level, manufacturing industry, foreign direct investment, and price managers' index (PMI), we forecast that Indonesia's economic growth will be at 5.17 percent in 2024 Q1," she remarked at a press conference in Jakarta on Friday.

Indrawati also outlined that the International Monetary Fund had projected Indonesia's economic growth this year to stand at five percent, World Bank estimating 4.9 percent, and the Organization for Economic Cooperation and Development (OECD) forecasting 5.1 percent.

Meanwhile, Bloomberg projected Indonesia'...