"Indonesia will retain its economic growth at 6.4 percent by keeping on guard against the weakening of export and capital outflow this year," ADB economist Edimon Ginting said.Jakarta (ANTARA News) - The Asian Development Bank (ADB) has predicted the nation`s economic growth will reach 6.4 percent in 2012, following the global economic slowdown caused by the crisis in Europe, ADB economist Edimon Ginting said here on Wednesday.
"Indonesia will retain its economic growth at 6.4 percent by keeping on guard against the weakening of export and capital outflow this year," Ginting explained.
But he also predicted that the economic growth in 2013 would rise by 6.7 percent following the recovery of the trade and investment sectors.
Ginting further explained that the government has done many things to increase economic resistance against external economic shocks, since the consumer and business sectors would expand this year.
"The uncertainty in Europe still affects the nation`s economic growth, but it is manageable because Indonesia is one of the foreign investment destination countries, besides China, India, and Brazil," Ginting said.
Meanwhile, ADB Indonesian representative John D Lindborg said Indonesia`s economy still might grow stronger.
"The momentum of economic growth in Southeast Asia continues to take place and, in general, Indonesian economic growth has experienced an adjustment in a better direction," he said.
Based on ADB reports, Indonesia had economic growth at 6.5 percent in 2011, which was supported by strong domestic consumption, investment, and net exports. ***2***
(O001/ INE )
(T.O001/B/KR-BSR/F001) 11-04-2012 15:05:34
Editor: Heru Purwanto
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