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Sharia growth better than national economic growth: Bank Indonesia

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The growth rates of the sharia economy in 2020 and early 2021 have been better than those of the national economy, Bank Indonesia (BI) has said.

“In 2020, the growth of the sharia leading sector contracted by minus 1.72 percent, while the national growth, minus 2.07 percent,” deputy governor of Bank Indonesia, Doni Primanto Joewono, noted while joining FESyar 2021 KTI online from Jakarta.

Sharia economic and financial performance in the first quarter of 2021 has also shown improvement, he said. BI recorded positive growth of 1 percent in the sharia economy and finance sector compared to the previous quarter, he informed.

The climb was supported by the leading sectors of the sharia economy, which were agriculture.—Antara News

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