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explain the impact of zero interest rate to the indonesian economy

explain the impact of zero interest rate to the indonesian economy

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Answer #1

zero interest rate to the indonesian economy have implications like-

1. It will help in stimulation of growth in the overall economy which have been slowed down by inflationary like situation.

2. It is expected to leave people with more of the disposable income so they could add to their expenditure.

3. Lower interest rate is inclusive towards making business left with more profit and less tax so they could pass onto the benefits to the end user.

4. Overall lower interest rate is expected to boost the overall growth of Indonesian Economy.

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