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Investor Presentaiton

Outlook of Domestic Economy Remains Robust ...the domestic economic recovery is continued to strengthen in 2023 2023 Economic Outlook • Bank Indonesia projects economic growth in 2023 continue to accelerate to the range of 4.5-5.3% in 2023. Bank Indonesia is confident core inflation will remain at the 3.0%±1% target during the first semester of 2023 and CPI inflation will return to the 3.0%±1% target in the second semester of 2023 • Bank Indonesia projects BOP outlook for 2023 is good, with a manageable current account maintained in the range of a 0.4% of GDP surplus to a 0.4% of GDP deficit • Bank Indonesia projects credit growth in 2023 will accelerate to 10.0-12.0% LOAN π Rp Economic Growth Inflation CAD (% of GDP) Credit Growth 2018 Realization 5.17% 3.13% 2.98% 11.75% 2019 5.02% 2.72% 2.71% 6.08% Realization 2020 -2.07% 1.68% 0.4% -2.4% Realization 2021 3.69% 1.87% surplus 0.3% 5.24% Realization 2022 surplus 5.31% 5.51% 11.35% Realization 1.0% 2023 4.5-5.3% 3.0±1% surplus 0.4% - 10-12% deficit 0.4% Source Bank Indonesia 75
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