Medan, North Sumatra (Antara Bali) - The Indonesian Chamber of Commerce
and Industry (Kadin) has forecast an economic growth rate of around five
percent for Indonesia this year.
"It will be great if we achieve five percent growth because the
national economy is still disturbed. As of now, the country's economic
growth is still between 4.7 and 4.8 percent," the KADIN chairman, Suryo
Sulisto, said here on Saturday.
He made these remarks after a meeting with officials of Kadin for
North Sumatra to discuss the state of economy amid the ongoing global
economic downturn.
Sulisto said the economic slowdown has been caused by the global
crisis that discouraged demand and lowered commodity prices and people's
purchasing power.
The depreciation of the rupiah against the US dollar is also an
important factor that has affected the national economic development. In
order to boost economic growth, the government needs to take many steps
and put in place policies that support the economy, such as
accelerating and increasing state expenditure.
Once various projects are implemented, several drivers would work towards boosting the economic growth.
"With these steps, the economic growth target, which has been
revised down to 5.2 percent, is expected to be achieved," Sulisto said.
Sulisto had earlier stated that synergy among associations plays
an important role in countering the slowdown in economic growth.
"Integration among associations is necessary so that they work for
their interests. Such integration will help the nation's economy,"
Sulisto said recently.
According to Sulisto, a business association should help in
building good relations between small entrepreneurs and large
businesses.
"In Japan, the integration of the interests of small and medium
enterprises is represented by large companies with the help of business
associations," he pointed out.
Associations should be integrated to define their goals and
interests as part of the efforts to usher in economic prosperity.
He urged the entrepreneurs to work towards a better economy as it would help enhance the welfare of the people.
"Indonesian businesses should act as the drivers of the nation to create prosperity in trade and industry," he affirmed.
Meanwhile, the Vice Chairman of the Indonesian Chamber of Commerce
and Industry, Noke Kiroyan, remarked that an association can improve the
performance of its members by ensuring a conducive business climate,
creating opportunities and developing their businesses.
Therefore, an association is expected to initiate, facilitate and increase business transactions.
"If all associations can carry out these functions, business
activities and economic growth will increase," he emphasized. (WDY)
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