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Investor Presentaiton

Outlook of Domestic Economy Remains Solid ...strong economic growth projected to continue in 2023, and further accelerate in 2024 amid global uncertainty 2023 2024 Economic Outlook - Bank Indonesia projects economic growth in 2023 continue to accelerate to the range of 4.5-5.3% in 2023, before accelerating to the range 4.7-5.5% in 2024 Bank Indonesia is confident that inflation will remain under control in the 3.0%±1% target this year, and 2.5%±1% in 2024. Bank Indonesia projects Balance of Payment (BOP) to remain sound, supported by a manageable current account maintained in the range of a 0.4% surplus to a 0.4% deficit of GDP in 2023, and in the range of a 0.1 deficit to 0.9% deficit of GDP in 2024. Bank Indonesia projects credit growth in 2023 will grow by 9%-11% and accelerating to 10%-12% in 2024 LOAN 元 Rp Economic Growth Inflation CAD (% of GDP) Credit Growth 2019 Realization 5.02% 2.72% 2.71% 6.08% 2020 Realization -2.07% 1.68% 0.4% -2.4% 2021 Realization 3.69% 1.87% surplus 0.3% 5.24% 2022 Realization 5.31% 5.51% surplus 1.0% 11.35% surplus 0.4% - 2023 4.5-5.3% 3.0±1% 9-11% deficit 0.4% Deficit 0.1% - 2024 4.7-5.5% 2.5±1% 10-12% Deficit 0.9% Source Bank Indonesia 43 13
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