Jakarta - The Jakarta Post - RI Economy to Continue Growing: World Bank
Tuesday, 29th June 2010
Indonesia's
economy will continue to expand despite uncertain conditions in world markets,
the World Bank says.
Indonesia’s economy is expected to grow slowly
in 2011 because of domestic demand, World Bank senior economist Enrique Blanco
Armas said in Jakarta
on Tuesday.
Growth
in the Indonesian economy would exceed 7 percent should the country reach its
2010-2014 national development plan, Blanco said as reported by Antara.
The
imports rate would surpass exports, while inflation would also increase in line
with higher lending rates and commodity prices, he said.
Based
on the World Bank’s records, Indonesia's
economy would grow to 6.5 percent in the third quarter from 5.7 percent in the
first quarter.
