VP: RP20 TRILLION PER YEAR NEEDED FOR NATIONAL DEVELOPMENT

Jakarta, Dec 12 (ANTARA) - Vice President Boediono has said the government needed Rp20 trillion per year in funds to step up national development.

"It is quite a huge amount so it cannot be met from the state or regional budgets, and therefore external support is also needed to reach the target of national development," the vice president said at a conference on the government's mid-term national development plan (2010-2014) here on Saturday.

Boediono also said to meet all the development funding needs the government needed the support of all parties, both domestic and foreign investors.

"To make national development a success, the government needs the support of all parties , domestic and foreign investors who can cover the funds deficit," Boediono said.

He said the condition of national economic structure was relatively safe because the global economic crisis did not have a significant impact on it.

"We still have a strong economic structure and the opportunity to develop financial sector in spite of global financial crisis. And that is good potential for us to step our our national development program," the vice president said.