Saturday, November 7, 2009

Indonesia economic growth will reach 6 percent in 2011

State Minister of National Development Planning/Head of the National Development Planning Agency (Bappenas) Armida S Alisjahbana said in 2011 the government will step up economic growth to six percent.

She made the statement at a meeting between the media and Bappenas in Bogor Friday.He said that the acceleration in 2011 was made as the world economy may have been restored to normal, increasing exports and investments.

In the meantime, most economic obstacles may have been overcome in 2010, meeting the initial targets of the new government, so that in 2010 economic growth may at least reached 5.5 percent.

He said that under these circumstances, acceleration is possible, so that in 2014 economic growth is expected to reach at least seven percent.

He also said that the acceleration can be successful if no external shock had occurred, such as the price of oil increasing up to 160 US dollars per barrel, or a financial shock like what happened in 2008.

In the meantime, to stabilize the economy, Armida said she will focus on a synergy of national development, as well as intensifying synergy between the different regions and thereby boosting domestic connectivity.

She also said that in December 2009 she will hold a consultative meeting on national development planning for a national middle-term development plan.

Source: | Antara |

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