Economy Reaches Quarter II estimated 5.9%
Finance June 25th, 2010
JAKARTA – The government is projecting economic growth in the second quarter 2010 will reach 5.9 percent. It was driven by investment and exports.
Actual first quarter and then reached 5.7 percent, while for the economic growth target based on the national budget in 2010 amounted to P 5.8 per cent.
“For the second-quarter 2010 projected at 5.9 percent a dididorong by investment and exports,” said Vice Minister of Finance Anny Ratnawati during a press conference at the Ministry of Finance, Jakarta, Monday (06/21/2010).
Until April 2010 recorded exports amounted to USD12 billion, up 42.6 percent compared to the same realization in the 2009 period.
Earlier, former Minister of Finance (Finance Minister) Sri Mulyani expressed optimism that economic growth in the second quarter-2010 will reach 6.0 percent.
This is caused by factors that are still quite strong, both in terms of government spending, consumption, and exports. According to Sri, investment and exports will begin to increase, thus contributing to the economic growth rate is higher in the second quarter-2010. Including for imports of raw materials and capital goods could be an indicator.
