10 Sep 2016

Antara CEO: State Budget brings positive realism to economy

Antara CEO: State Budget brings positive realism to economy. Our state budget is much more realistic which its target provides a more positive outlook, than making sweet promises, it is better to be simple but in 2017 the result is that the Indonesian economy get much better, said the Director who is familiarly called Dimas in the 2016 IBD Expo discussion in Jakarta, Friday (9/9) night.Dimas said that the targeted economic growth of 5.1 percent in the 2017 state budget was more realistic and that figure was considered quite good when viewed from the development of the East Asian and Pacific economies.According to him, the economic growth in Indonesia is still running quite well like reported by the World Bank, that the Asian region economy grew around 6.3 percent including China or 4.8 percent not including China.However, the economic movement of China always has an impact on the domestic economy because every 1 percent decline in Chinas economy, will have a 0.3 to 0.4 percent negative impact on the Indonesian economy.Aside from the more realistic state budget, Dimas explained that the reshuffle of the ministries for economics which was carried out by President Joko Widodo also gave a positive influence to the 2017 economic outlook.He also argues that the simultaneous regional head elections (Pilkada) in 2017 also helped to grow the regional economy.There will be 101 simultaneous regional head elections comprising of 7 provinces, 76 regencies and 18 cities so that in one way or another it will have an impact especially on the regional economies. We see that there will be an increase in the growth of the consumption components, said Dimas.He added that the development of the Indonesian economy is supported by the infrastructure projects being pursued by the government and the contribution of State Owned Enterprises (SOEs).In the Indonesia Busines Development Expo 2016 open exhibition that will be ongoing until 11 September, the public is expected to be more aware of business actors and the various activities and potential of the State Owned Enterprises.
Editor: Tasrief Tarmizi
http://www.antaranews.com/berita/583594/dirut-antara-apbn-realistis-positif-bagi-perekonomian

Our state budget is much more realistic which its target provides a more positive outlook, than making sweet promises, it is better to be simple but in 2017 the result is that the Indonesian economy get much better, said the Director who is familiarly called Dimas in the 2016 IBD Expo discussion in Jakarta, Friday (9/9) night.

Dimas said that the targeted economic growth of 5.1 percent in the 2017 state budget was more realistic and that figure was considered quite good when viewed from the development of the East Asian and Pacific economies.

According to him, the economic growth in Indonesia is still running quite well like reported by the World Bank, that the Asian region economy grew around 6.3 percent including China or 4.8 percent not including China.

However, the economic movement of China always has an impact on the domestic economy because every 1 percent decline in Chinas economy, will have a 0.3 to 0.4 percent negative impact on the Indonesian economy.

Aside from the more realistic state budget, Dimas explained that the reshuffle of the ministries for economics which was carried out by President Joko Widodo also gave a positive influence to the 2017 economic outlook.

He also argues that the simultaneous regional head elections (Pilkada) in 2017 also helped to grow the regional economy.

There will be 101 simultaneous regional head elections comprising of 7 provinces, 76 regencies and 18 cities so that in one way or another it will have an impact especially on the regional economies. We see that there will be an increase in the growth of the consumption components, said Dimas.

He added that the development of the Indonesian economy is supported by the infrastructure projects being pursued by the government and the contribution of State Owned Enterprises (SOEs).

In the Indonesia Busines Development Expo 2016 open exhibition that will be ongoing until 11 September, the public is expected to be more aware of business actors and the various activities and potential of the State Owned Enterprises.

Editor: Tasrief Tarmizi

http://www.antaranews.com/berita/583594/dirut-antara-apbn-realistis-positif-bagi-perekonomian

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