KPBN News

Policy Package, Indonesian Economy Believed to be Above World Bank Prediction



Secretary-General of Coordinating Ministry for Economic Affairs Lukita Dinarsyah Tuwo stated that the Indonesian economy could rise above 5.3 percent if the 13 economic policy packages can be implemented effectively.
`The World Bank predicts our economy will be at 5.3 percent next year and 5.5 percent the year after, but we are optimistic that if all (policy packages) are implemented, the economy should be able to exceed the World Bank's prediction,` Lukita explained at the Bank Indonesia Building on Thursday (6/10/2016).
He explained that if the government did not release these policy packages, economic growth could be below 5.1 percent. Unfortunately, many parties still believe the policy packages are not yet effective enough and do not encourage economic growth in regional areas.
`The economic growth in 2017 will be at 5.1 percent. But many people say the economic packages are not effective yet, so just imagine what would happen if the policy packages did not exist, it would probably drop even lower,` he explained.
`If we look at the policy packages from 1 to 13, the impact does vary. But it is true that we suffer from a chronic ailment, that is why this policy was issued. We hope that this will be what revives our economy,` he added.
(rai)
http://economy.okezone.com/read/2016/10/06/20/1507564/paket-kebijakan-ekonomi-ri-diyakini-di-atas-prediksi-world-bank