Jakarta’s Economic Growth Forecast for 2025

Bank Indonesia is the central bank of Indonesia, established in 1953 following the nationalization of De Javasche Bank, the former Dutch colonial bank. It plays a key role in managing the country’s monetary policy, currency stability, and payment systems. The bank’s historic headquarters in Jakarta, a Dutch colonial-era building, now also houses the Bank Indonesia Museum, showcasing the nation’s financial history.

The Jakarta LRT (Light Rail Transit) Phase 1B is an extension of the city’s public transportation network, connecting Velodrome to Jakarta International Stadium (JIS) in North Jakarta. Opened in 2023, it aims to improve urban mobility and reduce traffic congestion while supporting development around the stadium. The project reflects Jakarta’s efforts to expand sustainable transit options ahead of major events like the 2023 ASEAN Para Games held at JIS.

Jl. Pramuka (Pramuka Street) is a major thoroughfare in Jakarta, Indonesia, named after the Indonesian Scout Movement (*Pramuka*). Historically, the area was part of the colonial development of Jakarta and has since grown into a bustling commercial and residential district. Today, it is known for its markets, schools, and transportation hubs, reflecting Jakarta’s urban growth.