ID :
115241
Tue, 04/06/2010 - 08:45
Auther :
Shortlink :
https://oananews.org//node/115241
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RI'S ECONOMIC GROWTH CAN BE OVER 5.5 PCT
Jakarta, Apr 5 (ANTARA) - Indonesia`s economic growth in 2010 can exceed the target at 5.5 percent, economic observer of the Institute for Development of Economics and Finance (Indef) M Fadhil Hasan said.
"Indonesia will have a better chance to generate its economic growth to above the normal (5.5 pct) level," Hasan said in an economic and political dialog here on Monday.
He said that the average economic growth in developing countries in 2010 was predicted at 6.0 percent with the Asian nations will experience the highest ones.
The economic growth projection will be supported by increase in the world trade volumes which will grow at about 5.8 percent.
Hasan said that Indonesia was one of the countries which would have a high economic growth compared with other states.
"Domestic consumption will remain the main factor of growth because it will remain to dominate the market and will grow higher than that of the previous year which was 4.8 percent," the Indef economic observer said.
He said that investment would also improve better than that in 2009, namely it will grow to an estimated level of 3.32 percent.
"The same is true to the international trade where exports would improve under the support of global economic recovery, increase in commodity prices and impact of the implementation of free trade agreement (FTA). Exports could grow over 10 percent," he said.
Economic observer Umar Juoro of CIDES concurred with Hasan, saying that the economic growth this year would be over 5.5 percent.
He said that global economy in 2010 would undergo improvement from the previous crisis, meaning that exports and investment would also be improving.
"People`s consumption will still constitute an important source of growth in 2010," he said adding that with this reason an economic growth target of 5.5 percent would be achieved very easily.
"Indonesia will have a better chance to generate its economic growth to above the normal (5.5 pct) level," Hasan said in an economic and political dialog here on Monday.
He said that the average economic growth in developing countries in 2010 was predicted at 6.0 percent with the Asian nations will experience the highest ones.
The economic growth projection will be supported by increase in the world trade volumes which will grow at about 5.8 percent.
Hasan said that Indonesia was one of the countries which would have a high economic growth compared with other states.
"Domestic consumption will remain the main factor of growth because it will remain to dominate the market and will grow higher than that of the previous year which was 4.8 percent," the Indef economic observer said.
He said that investment would also improve better than that in 2009, namely it will grow to an estimated level of 3.32 percent.
"The same is true to the international trade where exports would improve under the support of global economic recovery, increase in commodity prices and impact of the implementation of free trade agreement (FTA). Exports could grow over 10 percent," he said.
Economic observer Umar Juoro of CIDES concurred with Hasan, saying that the economic growth this year would be over 5.5 percent.
He said that global economy in 2010 would undergo improvement from the previous crisis, meaning that exports and investment would also be improving.
"People`s consumption will still constitute an important source of growth in 2010," he said adding that with this reason an economic growth target of 5.5 percent would be achieved very easily.
