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Thursday, January 17, 2013

Vice President of the Republic of Indonesia Boediono said, there are three requirements for Indonesia to be a developed country. The whole of Indonesia was asked to focus on three things.

Vice President of the Republic of Indonesia Boediono

Vice President of the Republic of Indonesia Boediono said, there are three requirements for Indonesia to be a developed country. The whole of Indonesia was asked to focus on three things.

"Three key terms that will be the nation's progress.'s What dreams are made of us," Boediono said at the opening of Independent and Independent Young Entrepreneur Young Entrepreneur Convention Center in Jakarta, Thursday (17/01/2013).

Boediono said, quoting economist Joseph Alois Schumpeter, the nation's economy going forward if it could meet the three elements.

First, the entrepreneur. Currently, Indonesia still has a minimal number of entrepreneurs. This should be improved. Second, innovation. In every line of industry or any innovation must have in order to compete with competitors. Thirdly, the destruction of lethal methods of creativity.

"It is the responsibility of us all. A dream to be given to future generations," he added.

Boediono said that entrepreneurship can indeed occur naturally (talent) and can from the practice. He said that entrepreneurship can certainly occur between blend the two.

"But more important is the risk-taking, courageous prakyek. This is obviously very important," he said.

Financial system stability Indonesia today is still considered safe. However, because it is still in a state of global uncertainty, Indonesia also needs to be vigilant.

"Until now, the stability of the financial system is at normal status even though there are risks that need to be a concern," said Coordinator of the Secretariat of the Coordination Forum for Financial System Stability, Bambang Brodjonegoro, the Ministry of Finance in Jakarta, Friday (12/28/2012).

According to Bambang, the position of financial stability in Indonesia is still a majority still impacted global recession. In the United States, there is still a risk of fiscal cliff despite new agreement is expected to be achieved.

While countries in the European region are also experiencing the same thing, even countries gypsy brink downgrade to sub-investment grade. China and India are still affected by the impact of global economic growth is not as high as expected.

"At the domestic level, the general state budget is still safe, but should be aware of potential failure to achieve export duty, non-oil and gas income tax and non-tax revenues Oil and Gas Natural Resources," he added.

No non-achievement of income tax and tax on oil and gas is the impact of the global economic downturn began to be felt in Indonesia. In addition, the volume of subsidized fuel oil consumption is expected to increase thereby potentially increasing the burden of energy subsidies. At the fiscal level, the financial markets are still normal, both in the capital market, government securities, and the exchange rate.

"Movement due to the high fluctuation of global uncertainty," he added.

Bank Indonesia (BI) to assess the implementation of the general election (election) in 2014 will boost economic growth from 2013. This is due to domestic consumption will increase compared to other years.

Executive Director of Economic Research and Monetary Policy explains Perry Warjiyo although not significant, the central bank assess the electoral activity will spur economic growth from the third quarter of 2013.

"Referring to the election period 2008-2009, there will be a boost (increase) in the economy of the election," said Perry in Jakarta, Wednesday (12/19/2012).

Perry assess electoral activities will provide additional economic growth of 0.5 percent and 0.4 percent in the third quarter and the fourth quarter of 2013. While in the first quarter and the second quarter of 2014, there will be an additional approximately 1.7 percent and 0.4 percent.

"Looking at the patterns first, in the 2009 election. Many parties do spending, buy banners, campaign. This pushes the economy," he added.

As for the year 2013 alone, Indonesia BI predicts economic growth of 6.6 percent, still higher than the government projected growth target of 6.5 percent.

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