Jakarta (Antara Bali) - An economist has predicted that Indonesia's gross domestic product (GDP) this year will increase to 6.5 percent from 6.3 percent last year on strong household consumption and investment.
"The GDP growth is expected to accelerate to 6.5 percent in 2013 from 6.3 percent in 2012," Seto Wardono of PT Indo Premier Securities said here on Tuesday.
Household consumption and investment will continue to contribute to the GDP growth in 2013 besides exports, he said.
"Exports will recover albeit at an insignificant pace," he said.
He predicted the state budget will continue to suffer a deficit as a result of the effort to maintain the rupiah's exchange rate.
The rupiah's strong exchange rate is needed to improve the country's trade balance, he said. (IGT/T007)
COPYRIGHT © ANTARA News Bali 2013
"The GDP growth is expected to accelerate to 6.5 percent in 2013 from 6.3 percent in 2012," Seto Wardono of PT Indo Premier Securities said here on Tuesday.
Household consumption and investment will continue to contribute to the GDP growth in 2013 besides exports, he said.
"Exports will recover albeit at an insignificant pace," he said.
He predicted the state budget will continue to suffer a deficit as a result of the effort to maintain the rupiah's exchange rate.
The rupiah's strong exchange rate is needed to improve the country's trade balance, he said. (IGT/T007)
Editor : Nyoman Budhiana
COPYRIGHT © ANTARA News Bali 2013