Indonesia sees 6.6pc growth next year, says Ratnawati
Indonesia’s growth may accelerate to the fastest pace since before the Asian financial crisis next year on investment and infrastructure spending, even as the faltering global economy may cause expansion to miss a government target, according to the vice finance minister.
Gross domestic product may expand 6.6 percent in 2013, compared with the official budget target of 6.8 percent, Vice Finance Minister Anny Ratnawati said in an interview in her office in Jakarta yesterday. That would be the biggest gain since 1996, based on International Monetary Fund data. “It’s possible we may need to make a downward correction to the economic growth target but it won’t be far from our current number,” said Ratnawati.