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Indonesia sees 8% growth by 2014  Join our daily free Newsletter

MENAFN - 08/11/2009

 


(MENAFN) Indonesian State Minister for National Development Planning Affairs Armida Alisjahbana estimated Indonesia's economic growth to reach 8 percent by 2014 when the present government ends its service, AP reported.

Armida said that Indonesia's economic condition would continue to improve in the following years with 2010 growth estimation set at a range of 5.5-5.6 percent.

With extra efforts, by 2011 Indonesia's economic growth could be boosted up to 8 percent to 2014. With moderate efforts, the growth could reach 7 percent, the minister pointed out.

She also said that the growth estimation is based on normal external factors condition assumption and great support from inside the country.

The minister said that the government is now seeking breakthroughs to entice investors from Middle East, South Korea, Eastern Europe, India to set more investments in Indonesia.

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