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Bank Indonesia projected Economic Growth in 2017 5.2%

Jakarta (Benchmark News) – Bank Indonesia projected that Indonesia’s economic growth in 2017 will reach 5.2 percent, is in the approximate range of the lower limit of BI before.

“With regard to economic growth in 2017, in the range of 5.1 to 5.5 percent. BI 2017 saw economic growth point lower growth than previously, namely 5.2 percent,” BI Governor Agus Martowardojo said during a meeting of macro assumptions Draft Budget 2017 with House Commission XI on Wednesday night.

Projections BI itself in line with the projections of the Ministry of Finance is forecasting economic growth in 2017 in the range of 5.1 to 5.2 percent.

Parliament Commission XI of the House are even more pessimistic in predicting economic growth next year in which economic growth assumptions projected only reached 5.05 percent.

“That (forecast 5.2 percent) already take into account the global risks and the limited room for fiscal stimulus,” said Agus.

In 2017, from the field of business, manufacturing, construction, transport and communications, expected to be the main sector driving the economy.

According to Agus, the processing industry will increase in line with the increase of domestic improvements, which will be reflected in the operation of new plants in the next year as Indocement factory and Mitsubishi, as well as other companies.

As for the transportation and communications sector will also be encouraged by the operation of Terminal 3 Ultimate Soekarno Hatta Airport and the new port of Tanjung Priok.

“If the Parliament saw leading up to 5,05 percent, we see possible (economic growth) could be better than that,” said Agus. (Red)

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