Economic Growth Target Set 6.3 Percent

Jakarta (Antara Bali) - Acting Head of Finance Ministry for fiscal policy affairs Bambang Brodjonegoro said the country's economic growth target for 2013 would be revised from 6.8 percent to 6.3 percent.

"We set the growth rate at 6.3 percent as an optimistic target," Bambang said here on Thursday.

He said that the setting of the growth target had included projections on global economy which had not yet recovered and the investment which slowed down as a result of the decline in the importation of capital goods in the first quarter.

Even though it is revised, Bambang expressed hope that the country's economic condition would be better than that in the first quarter of 2013, particularly in the investment sector which was now on the rise.

In the first quarter of 2013, the economic growth was recorded at only 6.02 percent.

"As far as the inflow of foreign direct investment is still taking place, investment still could be boosted further. The problem is that we still need an investment growth of about eight percent," he said. (*/DWA)