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Indonesia to rely on investments to attain growth target
(MENAFN) According to Indonesia's Finance Minister, the country would rely on investments to spur economic growth to the previously set target of 5.8 percent in 2015, Xinhua reported.
Slowdown of the global economy has stalled the role played by exports and consumption in propelling growth, adding that investments would become the only way to pursue higher growth.
"Indonesia is going to see 5.1 percent growth this year, the lowest in the last five years. We want to see 5.5 to 5.8 percent growth next year, and investments would be the key driver to attain growth," he said.
Slowdown of the global economy has stalled the role played by exports and consumption in propelling growth, adding that investments would become the only way to pursue higher growth.
"Indonesia is going to see 5.1 percent growth this year, the lowest in the last five years. We want to see 5.5 to 5.8 percent growth next year, and investments would be the key driver to attain growth," he said.
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