Vice President is Optimistic About Indonesia?s Economic Growth

Fitri Novia Heriani, IGAP Trisnajaya

Vice President Boediono stated that he is optimistic that Indonesia is going to experience economic growth in 2013. To achieve this growth, as Boediono said, Thursday (28/2), according to Beodiono, contradicting policies between the central and regional governments—which is a result of regional autonomy—must be resolved.

Law No. 32 of 2004on Regional Governments establishes regional autonomy and allows regional governments to manage and conduct their own affairs, which has resulted in polices that contradict those of the Central Government.

Consequently, in order to create policies that benefit Indonesian economy, there must be harmony between the two levels of government.

Nevertheless, despite the lack of policy harmonization, Boediono stated that economic growth will happen because of domestic consumption and foreign investment.

Vice President noted that foreign investment has grown by 22.9% by the end of 2012 and he expects this trend to continue.

Meanwhile, Ross O’ Brien, and economics expert at Economist Corporate Network, confirmed foreign investor interest in Indonesia. Investors are optimistic regarding the Indonesian economic climate in the next six months, Ross concluded.

(jt)

 

Fitri Novia Heriani, IGAP Trisnajaya

Vice President Boediono stated that he is optimistic that Indonesia is going to experience economic growth in 2013. To achieve this growth, as Boediono said, Thursday (28/2), according to Beodiono, contradicting policies between the central and regional governments—which is a result of regional autonomy—must be resolved.

Law No. 32 of 2004on Regional Governments establishes regional autonomy and allows regional governments to manage and conduct their own affairs, which has resulted in polices that contradict those of the Central Government.

Consequently, in order to create policies that benefit Indonesian economy, there must be harmony between the two levels of government.

Nevertheless, despite the lack of policy harmonization, Boediono stated that economic growth will happen because of domestic consumption and foreign investment.

Vice President noted that foreign investment has grown by 22.9% by the end of 2012 and he expects this trend to continue.

Meanwhile, Ross O’ Brien, and economics expert at Economist Corporate Network, confirmed foreign investor interest in Indonesia. Investors are optimistic regarding the Indonesian economic climate in the next six months, Ross concluded.

(jt)

 

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