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Monday, January 14, 2013

Finance Minister Agus Martowardojo proposed, revised in 2013 economic growth target of 6.8 to 7.2 percent initially to only 6.6 to 6.8 per cent against the backdrop of the global crisis

Agus Martowardojo
Finance Minister Agus Martowardojo proposed, revised in 2013 economic growth target of 6.8 to 7.2 percent initially to only 6.6 to 6.8 per cent against the backdrop of the global crisis



Finance Minister Agus Martowardojo proposed, revised in 2013 economic growth target of 6.8 to 7.2 percent initially to only 6.6 to 6.8 per cent against the backdrop of the global crisis. Indonesia's economic growth, the finance minister said, can not be separated from the global and regional economic conditions.

"The issue of economic growth was revised downward, it's supported by the growth of the world economy. Because the volume of world trade was also no improvement from 2012," Agus said after following the meeting with Commission XI of the House of Representatives in Jakarta, Monday (01/14/2013).

According to Agus, the revision of economic growth is also a result of the crisis the world is believed to be still not finished and is still going on this year. Moreover, the discussion of fiscal policy in the United States as well cliff least affect on the domestic economy.

Although the global crisis has not been recovered, the government is optimistic to achieve the revised targets. Therefore, domestic consumption and investment sectors shown to sustain economic growth in the country.

In this revision, the government also changed the number of macro assumptions as crude oil prices were changed to 100-109 dollars per barrel. So is the exchange rate that is assumed in the range of USD 9300-9700 per U.S. dollar.

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