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Indonesia’s economic growth in 2011 may exceed 6.4% : BPS

Head of the Central Board of Statistics (BPS) Rusman Heriawan said Indonesia`s economy in 2011 could grow over the government`s target of 6.4 percent.

On the sidelines of President Susilo Bambang Yudhoyono`s working meeting with heads of regional government at the Jakarta Convention Center here on Monday, Rusman Heriawan said that Indonesia`s economic growth in 2011 could be close to 7 percent.

He said that if there is an extraordinary event, it could be close to seven percent. “I want to say it will be above the 6.4 percent target. If there is an extraordinary event, the economic growth could approach the 7 percent figure,” he said.

In his directives in the working meeting with heads of regional governments, the president said that Indonesia`s economic growth target in 2011 was 6.4 percent.
Besides that, the inflation target was set at 5.3 percent, unemployment 7 percent and poverty rate 11.5 percent to 12.5 percent.

The targets, according to the president, are to be achieved with a state budget for 2011 amounting to Rp1,229.6 trillion or an increase of 9.2 percent from the 2010 state budget.

Rusman is optimistic that higher economic growth could be achieved because the world economy is recovering after the 2008 – 2009 crisis.

“If other countries experience a growth there would be an impact that would encourage our economy. We should not lose the opportunity amid the world economic recovery,” he said.

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