In­done­sia sees 6.6pc growth next year, says Rat­nawati

The Pak Banker - - Front Page -


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.

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