Indonesia optimistic to achieve economic growth of 5.5-6% in 2010: minister

www.chinaview.cn 2009-12-01 13:12:24

JAKARTA, Dec. 1 (Xinhua) -- Indonesia's Coordinating Minister for Economy Hatta Rajasa on Tuesday said that the country is optimistic to achieve economic growth of 5.5-6 percent in 2010 as global and structural recovery is underway.

"I am optimistic that we will be better next year compared to this year with 5.5-6 percent economic growth," he said.

According to Hatta, the recovery growth is already reflected in financial sector even though at G20 summit, the world's leaders said that they would be stay alerted.

"Macro recovery is the main capital for Indonesia's real sector," said Hatta.

He said that the government focuses on seven priorities to revive domestic economy, namely investment, energy and investment, among others, with infrastructure development as the main prioritized sector as it is the biggest trigger for economic development.

"We also will provide incentive fiscal to business as best as we can," said Hatta.

Tony Prasetyantono, an economist at the Bank National Indonesia, a prominent state-run bank, said that even though several developed nations showed positive growth in the third quarter, the U.S. fate is still uncertain.

"Singapore that posed negative growth of 10.5 percent in the first quarter managed to achieve positive growth in Q3 and Q4, so is Japan. However, the U.S is at fifty-fifty in achieving full recovery," said Tony.