Denpasa (Antara Bali) - Indonesia`s economic growth is expected improve in 2014 compared with this year`s performance, the head of the Finance Ministry`s Macro Economic Policy Affairs, Luky Alfirman, has said.
"We estimate the country will report better economic growth next year, despite the rupiah`s value against the US dollar falling to 11.9 thousand. In fact, the depreciation could actually allow exports to bring in more revenues," Luky said on the sidelines of a seminar on Indonesia`s prospects and challenges here on Tuesday.
Besides income from the increased value of exports, the fact that 2014 is an election year for Indonesia, will also have impact on the economy, especially on the services sector, which is responsible for the creation of banners and billboard advertising.
"Industries that produce shirts with political logos or are involved in the promotions of election candidates will boom because political parties will be eager to promote their messages among voters to win their support," he added.
He predicted the service industry would grow robustly between January and April 2014, which is the campaigning period for political parties hoping to contest the legislative elections on April 9.
A presidential election will take place on July 9.
"The service industry will generate more revenues during that period. I have seen this from previous experience," Luky added. (INE/M038)
COPYRIGHT © ANTARA News Bali 2013
"We estimate the country will report better economic growth next year, despite the rupiah`s value against the US dollar falling to 11.9 thousand. In fact, the depreciation could actually allow exports to bring in more revenues," Luky said on the sidelines of a seminar on Indonesia`s prospects and challenges here on Tuesday.
Besides income from the increased value of exports, the fact that 2014 is an election year for Indonesia, will also have impact on the economy, especially on the services sector, which is responsible for the creation of banners and billboard advertising.
"Industries that produce shirts with political logos or are involved in the promotions of election candidates will boom because political parties will be eager to promote their messages among voters to win their support," he added.
He predicted the service industry would grow robustly between January and April 2014, which is the campaigning period for political parties hoping to contest the legislative elections on April 9.
A presidential election will take place on July 9.
"The service industry will generate more revenues during that period. I have seen this from previous experience," Luky added. (INE/M038)
Editor : M. Irfan Ilmie
COPYRIGHT © ANTARA News Bali 2013