Kedutaan Besar Republik Indonesia
Embassy of the Republic of Indonesia
Ambassade de la RÉpublique d'Indonésie

Gov’t Projects Six Percent Growth for 2018

TEMPO.CO,A�Jakarta - The government has set a target of six percent economic growth for 2018. “[The target] moved to six percent for next year, it makes sense,” said Coordinating Minister for Economic Affairs Darmin Nasution at the CSIS office on Wednesday, February 8, 2017.

Darmin said that in an effort to achieve the target, the government will start to push for economic growth. This year, Darmin stated, the government has set a target of 5.2 to 5.4 percent economic growth.

The numbers are higher compared to the target set in the 2017 State Budget, which is only 5.1 percent. Darmin said that he is feeling optimistic because the 5.1 percent target was set without taking into considerations new policies that will be implemented in 2017.

Darmin added that the government will issue several economic policies on infrastructure development, industry upstreaming, and improving human resources quality through education and training. Darmin expected the new policies would help to drive economic growth above the baseline.

In addition, Darmin said that the government will issue policies related to agrarian performance and allocate lands to the public by employing cluster systems. Darmin hoped that those lands can be more productive and help to improve the economy.

Previously, Finance Minister Sri Mulyani said that Indonesia is capable of maintaining steady economic growth compared to other G20 member countries.

“On average, in one decade, compared to other countries, [Indonesia] is relatively capable of maintaining growth level,” Sri said during her keynote speech atA�the CIMB Forum event on Thursday, January 26, 2017.