"The government is confident. We are now trying to boost market confidence, not only to attract foreign investors but also others. The most important fact is that everybody is optimistic that our economy is potentially growing," the minister stated during a discussion with capital market players.
The government is taking steps to maintain the economic growth rate at above five percent by increasing revenues from taxes and budget absorption.
"The government will boost investment particularly through the state budget of state-owned enterprises and private businesses," he noted.
President Director of the Indonesian Stock Exchange Ito Warsito remarked that capital market players are optimistic that the economic growth of 5.4 percent can be maintained, although the nation registered a growth of 4.7 percent in the first quarter.
The government has allocated Rp200 trillion for infrastructure expenditure, he added.