"Global economic turmoil is predicted to continue next year, but improvement in the world economy is also expected to take place. Therefore, Indonesian economic growth in 2015 is expected to reach 5.6 percent," President Susilo Bambang Yudhoyono announced when delivering a speech on the Draft 2015 State Budget and its Financial Notes at the House of Representatives (DPR) plenary session here on Friday.
In addition, the government also disclosed its assumption on the inflation rate in the state budget at 4.4 percent.
He said the efforts to control inflation rate will be supported with efforts to guarantee the stability of supplies and distribution of public needs, and efforts to increase coordination among the fiscal authorities and Bank Indonesia (the central bank).
The government also assumed that the value of the rupiah currency against the US dollar will be at around Rp11,900 per US dollar.
On oil lifting, the government has set a target of about 845 thousand barrels per day, which could be achieved in stages in 2015.(*)