Jakarta (Antara Bali) - Bank Indonesia (BI) believes that the
national economy will grow at a higher rate in the fourth quarter than
in the previous quarters, thanks to the rising investment made by the
government.
"We hope that during the fourth quarter, investment in development projects as also the private investment will increase, thereby contributing to the national economy," BIs Agus Martowardojo said at a press conference here on Wednesday.
He said the economic growth has begun showing a positive trend. The central bank has predicted the economic growth will be higher in the fourth quarter than in the previous two quarters.
BI predicted that the economic growth will reach 4.85 percent in the fourth quarter.
"As I have observed, government investment and spending had begun improving in the third quarter. I hope the private sector will play a role during the fourth quarter as a great deal of government spending has not been realized as yet. Of course, the private sector must prepare for it," he said.
He further expressed the hope that an improvement in the economy in the second semester of this year will add to the countrys momentum and result in positive growth in the future.
He also welcomed the House of Representatives approving the 2016 state budget and hoped the government can carry out the tendering process, particularly in the infrastructure sector, soon.(WDY)
COPYRIGHT © ANTARA News Bali 2015
"We hope that during the fourth quarter, investment in development projects as also the private investment will increase, thereby contributing to the national economy," BIs Agus Martowardojo said at a press conference here on Wednesday.
He said the economic growth has begun showing a positive trend. The central bank has predicted the economic growth will be higher in the fourth quarter than in the previous two quarters.
BI predicted that the economic growth will reach 4.85 percent in the fourth quarter.
"As I have observed, government investment and spending had begun improving in the third quarter. I hope the private sector will play a role during the fourth quarter as a great deal of government spending has not been realized as yet. Of course, the private sector must prepare for it," he said.
He further expressed the hope that an improvement in the economy in the second semester of this year will add to the countrys momentum and result in positive growth in the future.
He also welcomed the House of Representatives approving the 2016 state budget and hoped the government can carry out the tendering process, particularly in the infrastructure sector, soon.(WDY)
Editor : I Gusti Bagus Widyantara
COPYRIGHT © ANTARA News Bali 2015