(MENAFN) Reports show that Indonesia is still optimistic about pursuing growth targeted up to 5.8 percent in 2014 despite records of poor outcome of the first quarter at 5.21 percent, compared to 6.03 percent quarter-on-quarter, Xinhua reported.
Growth figures for the first quarter were even lower than analysts' expectations at 5.4 percent on the back of growing export on Crude Palm Oil (CPO) and manufacturing activities in the country.
National Development Planning (Bappenas) Deputy Minister said that his country still has three more quarters to comply with the growth target this year.
"This would be our challenge to improve the growth. The 5.21 percent was apparently below the target, but in global terms it was considerably good," the Minister added.
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