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Indonesian Minister: Growth To Hit 6.6 Pct This Year
Source: http://news.xinhuanet.com/english/business/2013-01/14/c_132102198.htm
Source Date: Tuesday, January 15, 2013
Country: Indonesia
Created: Jan 14, 2013

JAKARTA, Jan. 14 (Xinhua) -- Given the prolonging crisis in the United States and Europe, Indonesian Finance Minister Agus Martowardoyo said on Monday that Indonesia's growth may reach between 6.6 to 6.8 percent this year.

"Impacts of crisis originated from U.S. and Europe still persist and are significantly affecting Indonesia," the minister said in a session to discuss the nations' economy outlook held here.

He added that domestic consumption and investments would the drivers of the country's growth this year, replacing the dominant role of exports in the last few years. Indonesia's exports are estimated to face gloomy future as crisis still looms in its major export markets, including Europe, the United States, China and India.

"Dominant role of domestic consumption was following implementation of government's policy to increase limit of taxed income. Meanwhile, we already saw 27 percent investment growth in September last year. It would greatly favor our growth later on," the minister was quoted by the Antara news agency as saying.
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