Indonesia seeks more infrastructure to boost GDP


(MENAFN) Indonesian economy has been struggling from a decelerating trend since the end of 2010, due to structural reforms to correct imbalances, Saudi Gazette reported.

The country's GDP registered growth rates as high as 6.8 percent annually in December 2010 while the reading of the third quarter of 2014 showed a growth of just 5.0 percent yearly.

In a new study on Indonesian economy's difficulties, Asiya Investments, a subsidiary of KCIC, said the country's current GDP growth is substantially below its 10-year average of 5.8 percent annually, expecting the economy to improve under its potential.

The average contribution to growth in 2014 and 2013 of investment and consumption has been about 4.7 percent yearly while the contribution in the years 2011 to 2012 was as high as 6.0 percent annually.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.