Indonesia s Q1 economy may grow above 5%: official
From: Xinhua
Head of Indonesian Statistic Center Bureau (the BPS) Rusman Heriawan predicted that the country s economic growth may exceed 5 percent in the first quarter this year, propelled by massive export, increasing investment and improved state budget, local media reported here on Monday.
It (the growth) could reach above 5 percent. We have to be optimistic. From the existing indicator, I learn that the extraordinary export has contributed to the significant growth. We can compare the export performance from it was in 2009 when we suffered from the impact of economic crisis, Rusman was quoted by the detik.com as saying in the presidential palace here.
His prediction was echoing prediction issued earlier by a state official.
He added that the growth in the first quarter this year was also driven by the increasing investments, improved government's spending and increased consumption. Household consumption has been positive, together with other factors, they were all moving well, Rusman said.
Indonesia became one of Asian countries that posted positive growth amid global economic crisis. It booked a tremendous 4.5 percent economic last year.
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