BI predicted economic growth of 6.8 percent this year

Governor Of Bank Indonesia Darmin Nasution (Between)

Jakarta (Reuters)-Bank Indonesia predicted Indonesia's economic growth this year of around 6.3 percent to 6.8 percent.

"Indonesia's economy is expected to rise in 2013 and 2014," said Governor of Bank Indonesia Darmin Nasution as press conference meeting of the Board of Governors Quarterly IV 2012 here on Thursday.

According to him, the increase in growth was sustained by household consumption continues to rise and a strong investment. Of the exports, Darmin predicts will improve in 2013.

While for 2014, he expects the national economy to grow by 6.7 percent to 7.2 percent.

In 2012, the Indonesia economy grew by 6.3 percent supported by macro stability and financial system which is maintained so that it was able to strengthen domestic demand.

The impact of decline in export growth, especially from the second half of 2012 was able to hold the performance of household consumption and investment are increasing.

From the production side, economic growth is sustained sector performance 2012 the processing industry sector, trade, hotels and restaurants as well as the transport and communication sector.

Darmin added, from the side, the gap of economic growth of inter-regional routes in 2012 on the wane. "This is reflected in the contribution of economic growth in eastern Indonesia that is getting better," he said.

While according to the Economist of PT Indo Premier Securities Wardono Seto, the growth of gross domestic product (GDP) for Indonesia in 2013 is expected to experience increased to 6.5 percent from 6.3 percent in 2012.

"The projection of GDP growth is estimated to have experienced accelerated from 6.3 percent in 2012 to be 6.5 percent in 2013," said Seto.

According to Darmin, similar with Seto, household consumption and investments will continue to support economic growth in 2013. Additional support comes from the rise of exports, although not too large.

"Component support household consumption and investment. Exports also experienced recovery although not too large, "he said.

(A064/B008) Editor: J

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