Jakarta economy to grow by 5.9 - 6, 3 percent
Bank Indonesia ( BI ) estimates Jakarta's economy grew in the first quarter 2014 in the range of 5.9 to 6.3 percent sustained improvement in consumption and exports .
" Increased consumption expenditures supported by the 2014 election on the first and second quarter , while export growth was supported by increased demand from trading partners Jakarta , " said study EkonomiRegional Jakarta Provincial Fourth Quarter 2013 BI received here on Wednesday .
Spending is expected to begin the 2014 election see the impact on household consumption in the first quarter of 2014 and reached its peak in the second quarter . It was associated with euphoria and a presidential election campaign funding political campaigns.
However, the impact of the 2014 election expected to be lower compared with the 2009 elections . Changes in media and communication strategies in urban underlying the estimate .
The large number of young voters as well as the characteristics of the people in Jakarta the most likely to use the electronic media and the Internet to obtain information related to legislative candidates and presidential candidate , the campaign led to the use of conventional media such as t-shirts and banners are more limited .
In addition , the 2014 campaign period , election organizers issued regulations further restrict the use of banners as a media campaign .
Meanwhile, economic growth for 2014 as a whole , the central bank predicted in the range of 6.0 to 6.4 percent ( year- on-year ) driven mainly by an increase in exports and investment .
Increasing exports is influenced by global factors , especially the more developed countries membaiknyha growth prospects that will drive increased demand .
The improving economies of Asian countries into trading partners will also contribute to a positive impact on export performance Jakarta . In addition , infrastructure investment is believed to be a significant increase in overall in 2014 and has a dual effect on the economy of Jakarta in the next few years .
Investment in infrastructure projects that include the construction of the MRT , the train airport , port expansion and non-toll flyovers Tanjung Priok , and Tambora Marunda flats and flood control projects ( reservoirs Marunda and Rorotan ) as large-scale infrastructure investments that will be realized in stages .
BI noted Jakarta's economy in the fourth quarter 2013 grew by 5.6 percent , or much lower compared to the third quarter 2013, which reached 6.2 percent .
In terms of usage , the economic slowdown caused by the slowdown in consumption and investment . At the sectoral level , slowing economic growth in the fourth quarter 2013 Jakarta sourced from key sectors , namely trade , hotels and restaurants ( PHR ) , transport and communications , financial services , real estate and business services .
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