ID :
39450
Thu, 01/08/2009 - 00:33
Auther :
Shortlink :
https://www.oananews.org//node/39450
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NON-OIL/GAS EXPORT PROJECTIONS MAY CHANGE
Jakarta, Jan 7 (ANTARA) - Indonesia's non-oil/gas exports in 2009 had been projected to increase 4.3 percent - 8 percent may still change in view of export market conditions and the competitiveness of domestic industries, a trade ministry official said here on Wednesday.
"Whether the change will be rapid or slow depends upon the development of the current crisis or whether the crisis could be overcome quickly or otherwise. If it cannot be controlled the projection may still change in every country," the head of the trade ministry's research and development agency, Muchtar, said.
He said growth in the exports to the main destinations such as the US and Japan, would be lower than this year's 11 to 12 percent respectively.
"For the main export destination countries like the US and Japan the growth will not be far from 6.0 and 5.57 percent," he said.
Trade minister Mari Pangestu said before that the country's non-oil and gas exports would grow maximally 8.0 percent in 2009 as the world's economic growth weakened as a result of the global financial crisis.
She said the 8.0 percent figure could be achieved if the world trade grew by 4.4 percent. If the world trade grew only 3.6 percent or 3.4 percent Indonesia's non-oil and gas exports were predicted to grow only six percent and 4.3 percent.
"Every month we are continuously reviewing it. We must anticipate internal developments and export markets. We must be alert and careful," she said.
The miniter also said the 8.0 percent growth was calculated upon projections on the price of commodities, growth of world trade and rupiah depreciation per December 2008.
She said the 8.0 percent growth would be achieved if the government's policies for anticipating global financial crisis met the targets.
The minister said the main problems facing the country's non-oil and gas exports in 2009 would be the declining demands such as in the US, Japan and the European Union, tightening protectionism in the destination markets and declining prices of commodities.
"Whether the change will be rapid or slow depends upon the development of the current crisis or whether the crisis could be overcome quickly or otherwise. If it cannot be controlled the projection may still change in every country," the head of the trade ministry's research and development agency, Muchtar, said.
He said growth in the exports to the main destinations such as the US and Japan, would be lower than this year's 11 to 12 percent respectively.
"For the main export destination countries like the US and Japan the growth will not be far from 6.0 and 5.57 percent," he said.
Trade minister Mari Pangestu said before that the country's non-oil and gas exports would grow maximally 8.0 percent in 2009 as the world's economic growth weakened as a result of the global financial crisis.
She said the 8.0 percent figure could be achieved if the world trade grew by 4.4 percent. If the world trade grew only 3.6 percent or 3.4 percent Indonesia's non-oil and gas exports were predicted to grow only six percent and 4.3 percent.
"Every month we are continuously reviewing it. We must anticipate internal developments and export markets. We must be alert and careful," she said.
The miniter also said the 8.0 percent growth was calculated upon projections on the price of commodities, growth of world trade and rupiah depreciation per December 2008.
She said the 8.0 percent growth would be achieved if the government's policies for anticipating global financial crisis met the targets.
The minister said the main problems facing the country's non-oil and gas exports in 2009 would be the declining demands such as in the US, Japan and the European Union, tightening protectionism in the destination markets and declining prices of commodities.
