Vice President Boediono has forecast that Indonesia’s economic growth may reach 8 percent this year, surpassing an earlier estimate of 6.4 percent, if all elements of the country’s bureaucracy work as they should. Our economic growth may exceed 6.4 percent. Given the current positive trend, reaching between 7 and 8 percent is not impossible, he [...]
Indonesia’s inflation rate in 2010 might exceed 5.3 percent as set in the target of the state budget, but still be below six percent. “With the inflation over the past two months, the inflation rate has exceeded the target of 5.3 percent, namely 5.35 percent from January to October, (however) hopefully it will not surpass [...]
President Susilo Bambang Yudhoyono is upbeat that economic growth will continue, based on increasing domestic consumption, international trade and new investment. In the 2011 draft state budget unveiled by the President in the annual state of the nation address to a joint plenary session of House of Representatives and Regional Representative Council on Monday, Yudhoyono [...]
Finance Minister Sri Mulyani Indrawati said that Indonesia’s economic growth in the first quarter of this year was expected to reach 5.7 percent, or at least 5.5 percent based on the 2010 growth target. “The country’s economic growth in the first quarter of 2010 is expected to reach 5.5 percent to 5.7 percent,” the finance [...]
Indonesia’s economy may expand from an estimated 5.3 percent to 5.5 percent in quarter one this year, supported by stronger investment and exports, Finance Minister Sri Mulyani Indrawati said. There is even a possibility that growth may expand above this estimate, she said Monday at the Directorate General of Taxation. “We may see from January [...]
Indonesia’s economy may expand more than 5 percent in the first three months this year as exports and investment accelerate, the Central Statistics Agency (BPS) said Monday. Its forecast is based on the calculation that an increase in growth components will have a significant effect as compared to the low growth components booked in the [...]
