"The government will prepare a expansive fiscal policy in 2012 to support the economic growth," Agus said when delivering the government`s response to the outlooks of House of Representatives factions in the House plenary meeting.
According to the finance minister, the government would make every effort to reach the economic growth of around 6.5 percent to 6.9 percent in 2012, although there would be a big enough challenge.
The finance minister said the rate of Indonesian economic growth would higher than Malaysia 5.2 percent, Thailand 4.5 percent, the Philippines 5.0 percent, and Singapore 4.4 percent.
He mentioned that the sources of national economic growth in 2012 were estimated at a fairly higher level.
The public consumption and the government consumption were also estimated to grow respectively by 4.8 - 5.2 percent and 6.0 - 6.4 percent, while the investment would grow by 10.0 - 10.4 percent and need the funds of about Rp2,800 trillion.
Agus said export and import were also predicted to increase respectively by 14.9 - 15.3 percent and 18.8 - 18.4 percent.
"Several steps to encourage the economic growth are among others to increase people`s purchasing power by controlling the rate of inflation and encouraging the realization of budget absorption, to improve investment climate, and to speed up infrastructure development," the finance minister said.
He added that budget allocation policy would be made to support quality economic growth, to expand the creation of job opportunity, and to reduce the number poor people.
According to him, the policies were reflected in significant improvement of budget allocation for infrastructure development, poverty eradication program, and subsidies for farm aid.
"The policies will support the effort to expand employment, to increase people`s income, and to reduce the number of poor people," the finance minister said.
(Uu.O001/HAJM/F001)
Editor: Priyambodo RH
Copyright © ANTARA 2011
