Difi A Johansyah Bank.Indonesia Executive Director of the Department of Communications ( BI ) said the domestic economic stabilization policies BI and the government has gradually been improving the performance of the current account .
According to him , the current account deficit in the third quarter of 2013 shrank to U.S. $ 8.4 billion ( 3.8 % of GDP ) compared to the previous quarter to U.S. $ 9.9 billion ( 4.4 % of GDP ) .
Improvement in the current account , he added , mainly supported by the increase in non-oil trade balance as imports decreased more sharply than the decline in non-oil exports , as well as deficit reduction and revenue services .
BI , he said , was also reported by Bank Indonesia policy responses and fiscal financing strategy in the middle range of risks in global financial markets that sustain the capital and financial performance in the third quarter of 2013, which recorded a surplus of U.S. $ 4.9 billion .
This is mainly supported by the inflow of foreign direct investment ( FDI ), which increased to U.S. $ 5.4 billion .
Difi A Johansyah Bank.Indonesia Executive Director of the Department of Communications ( BI ) said the domestic economic stabilization policies BI and the government has gradually been improving the performance of the current account .
According to him , the current account deficit in the third quarter of 2013 shrank to U.S. $ 8.4 billion ( 3.8 % of GDP ) compared to the previous quarter to U.S. $ 9.9 billion ( 4.4 % of GDP ) .
Improvement in the current account , he added , mainly supported by the increase in non-oil trade balance as imports decreased more sharply than the decline in non-oil exports , as well as deficit reduction and revenue services .
BI , he said , was also reported by Bank Indonesia policy responses and fiscal financing strategy in the middle range of risks in global financial markets that sustain the capital and financial performance in the third quarter of 2013, which recorded a surplus of U.S. $ 4.9 billion .
This is mainly supported by the inflow of foreign direct investment ( FDI ), which increased to U.S. $ 5.4 billion .
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