Finance minister optimistic about growth of economy at 5.8-6.1 percent
Jakarta (ANTARA News) – Finance minister Chatib Basri stated that he was optimistic that Indonesia’s economy would grow between 5.8 percent and 6.1 percent this year.
“We were right with our prediction of growth at 5.8 percent to 6.1 percent last year,” he explained after attending an Indonesia Summit 2014 seminar, here on Wednesday.
The World Bank on Tuesday revised the global economic growth from 3 percent to 3.2 percent in 2014 against the backdrop of economic growth in advanced countries such as the US, the European countries and Japan following the global financial crisis, but it did not revise the growth figure for Indonesia which was 5.3 percent.
The World Bank meanwhile projected the economic growth in the East Asian and Pacific regions at 7.2 percent, which was the same as in 2013.
In its latest report the bank pointed out that the economic growth in East Asia and the Pacific would remain the same because the regions were still affected by the impact of normalization following global financial crisis.
Bank Indonesia, on January 9, projected the countrys economic growth this year to be at the down side of between 5.8 percent and 6.2 percent in line with global economic improvement.
Although the projection was on the down side, the central banks governor Agus Martowardojo stated that the growth could still reach six percent.
“It may still be back to reach the middle-range of the target,” he reiterated.