He revealed, that this year BI estimated the Indonesian economy
could grow in the range of 5.0-5.4 percent. This figure is more optimistic when compared to Indonesia’s economic growth projection in 2018 which is pegged at 5.1-5.2 percent.
“We predict that our GDP will range from 5.0 to 5.4 percent compared to last year. The midpoint is 5.1 percent,” Warjiyo said.
He added, economic growth in 2018 which is estimated to be in the range of 5.2 percent is a positive growth rate. The national economy will be supported by domestic demand and household consumption growth.
“Investment also grows 6.5-6.9 percent, we have to grow bigger if we want to increase our GDP. “In total, the disaggregation of economic growth from domestic demand is seen from the 5.5 percent investment growth,” he explained.
For that, he added, the export
side must also be boosted, so that later it will encourage Indonesia’s trade balance to be able to surplus. By boosting exports, it is expected that this year’s national economy will be better than last year.
“It is a challenge from external demand that we increase exports, but we have to restrain our imports, because the negative and negative exports are smaller,” he concluded.