Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fitri Novia Heriani, Robert Sidauruk
The Institute for Development of Economics and Finance (Indef) says that the 2014 general election will not give siginificant contribution to the national economic development, as several strategic plans on financial issues will be put on hold.
“We could not expect a significant economic development in 2014,” says Ahmad Erani Yustika, Director of Indef, during a seminar titled Indonesian Economic Projections, in Jakarta on Tuesday.
While the euphoria of “political year” will increase of public consumption, especially for campaign purposes, Erani explained that it will not suffice to jack up the national economic development.
Thus, Erani believed that Indonesia will rely on export and investment activities to boost the economic growth beside public consumption.
Erani, however, says that the prediction should not be interpreted that there will be no economic growth at all. According to his estimation, the economic growth in 2014 will stand between 0.1 to 0.2 percent and will relatively same with the current general economic condition.
To accelerate the national economic development in 2014, Erani asserts that the Government should focus on several financial issues, such as deficit on current and trade account, rupiah’s exchange rate, and inflation rate.
“We may reach economic growth of 5.5% - 5.8% if the government can improve the performance on export activity as well as strengthen market and product diversifications policy,” Erani emphasizes.
In regards to rupiah’s exchange rate issue, Mirza Adityaswara, Deputy Governor of Bank Indonesia, says that the weakening of rupiah’s exchange rate is still reasonable, considering the current national economic situation.
According to Mirza, the current exchange rate that hits Rp 11,500 is an appropriate level to slow down deficit on current account, which has reached 3.8% of Gross Domestic Product (GDP).
“Indonesia is relatively strong on economic perspective, yet there is a small turbulence in financial market. In relation to the deficit on current account, the government will overcome this by reducing import on non-productive commodity and fuel,” Mirza informs.
(hot/kc)
Fitri Novia Heriani, Robert Sidauruk
The Institute for Development of Economics and Finance (Indef) says that the 2014 general election will not give siginificant contribution to the national economic development, as several strategic plans on financial issues will be put on hold.
“We could not expect a significant economic development in 2014,” says Ahmad Erani Yustika, Director of Indef, during a seminar titled Indonesian Economic Projections, in Jakarta on Tuesday.
While the euphoria of “political year” will increase of public consumption, especially for campaign purposes, Erani explained that it will not suffice to jack up the national economic development.
Thus, Erani believed that Indonesia will rely on export and investment activities to boost the economic growth beside public consumption.
Erani, however, says that the prediction should not be interpreted that there will be no economic growth at all. According to his estimation, the economic growth in 2014 will stand between 0.1 to 0.2 percent and will relatively same with the current general economic condition.
To accelerate the national economic development in 2014, Erani asserts that the Government should focus on several financial issues, such as deficit on current and trade account, rupiah’s exchange rate, and inflation rate.
“We may reach economic growth of 5.5% - 5.8% if the government can improve the performance on export activity as well as strengthen market and product diversifications policy,” Erani emphasizes.
In regards to rupiah’s exchange rate issue, Mirza Adityaswara, Deputy Governor of Bank Indonesia, says that the weakening of rupiah’s exchange rate is still reasonable, considering the current national economic situation.
According to Mirza, the current exchange rate that hits Rp 11,500 is an appropriate level to slow down deficit on current account, which has reached 3.8% of Gross Domestic Product (GDP).
“Indonesia is relatively strong on economic perspective, yet there is a small turbulence in financial market. In relation to the deficit on current account, the government will overcome this by reducing import on non-productive commodity and fuel,” Mirza informs.
(hot/kc)