ID :
53536
Thu, 04/02/2009 - 20:45
Auther :
Shortlink :
https://www.oananews.org//node/53536
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RI ECONOMY TO STILL GROW 2.5 PCT IN WORST SCENARIO
Jakarta, April 2 (ANTARA) - In the worst of possible scenarios, Indonesia`s economy will still experience a positive growth of at 2.5 percent, according to economic observer Ichsanudin Noorsy.
"Roughly, Indonesia`s economy will grow by at least 2.5 percent even if the government does not do anything," Noorsy said here on Thursday.
He said the Indonesian economy would still experience positive growth because about 60 percent of its economic growth was based on consumption.
With the country`s population at 220 million, the consumption sector will remain strong. On the other hand, the sub-sectors in the real sector which support the country`s survival are micro, small and medium businesses (UNKMs).
He said UMKMs would boost consumption because this sector was absorbing 90 percent of the country`s workforce. "Their resilience amid economic crises and their relatively high work force absorption capability are factors that cause our economic growth to remain positive," Noorsy said.
The economic observer said that in order to achieve better growth it would be better for the government to release its stimulus packages to the real sector to boost its development.
"It would be better if the stimulus program is implemented through the real sector because if it is carried out through the bureaucracy it will be ineffective and slow," he said.
He said Indonesia could strengthen its economy by increasing its stimuli for UMKMs. "It will be effective if the funds are used to reinforce the people-based economic sectors," Noorsy added.***2***
"Roughly, Indonesia`s economy will grow by at least 2.5 percent even if the government does not do anything," Noorsy said here on Thursday.
He said the Indonesian economy would still experience positive growth because about 60 percent of its economic growth was based on consumption.
With the country`s population at 220 million, the consumption sector will remain strong. On the other hand, the sub-sectors in the real sector which support the country`s survival are micro, small and medium businesses (UNKMs).
He said UMKMs would boost consumption because this sector was absorbing 90 percent of the country`s workforce. "Their resilience amid economic crises and their relatively high work force absorption capability are factors that cause our economic growth to remain positive," Noorsy said.
The economic observer said that in order to achieve better growth it would be better for the government to release its stimulus packages to the real sector to boost its development.
"It would be better if the stimulus program is implemented through the real sector because if it is carried out through the bureaucracy it will be ineffective and slow," he said.
He said Indonesia could strengthen its economy by increasing its stimuli for UMKMs. "It will be effective if the funds are used to reinforce the people-based economic sectors," Noorsy added.***2***
