ID :
62091
Sun, 05/24/2009 - 06:12
Auther :
Shortlink :
https://www.oananews.org//node/62091
The shortlink copeid
CHAMBER OPTIMISTIC RI ECONOMY TO CONTINUE GROWING
Jakarta, May 23 (ANTARA) - The Indonesian Chamber of Commerce and Industry (Kadin) believes the national economy will grow 5 percent in 2009 and 9 percent in 2014 on strong domestic consumption.
The economy will continue to pick up as the domestic market, the small- and medium-scale business sector in particular, is developing in an enouraging way, Kadin Deputy Chairman for Small and Medium Businesses and Cooperatives Sandiaga S Uno said on Saturday.
"The national economic growth forecast of 5 percent for 2009 is realistic as the first-quarter economic growth rate reached 4.5 percent," he said.
But he added that the still unresolved dilemmatic problems including a lack of legal certainty, land clearance and overlapping of central and regional government regulations would pose obstacles to economic growth.
"They are classical problems which have remained unsolved until now," he said.
If the classical problems were resolved the economy might perform better and grow 7 percent next year, he said.
Kadin Deputy Chief for Domestic Trade Bambang Soesatyo said earlier the economy would grow at a stable rate of 4.5 percent until the end of this year.
The economy would not grow significantly until the end of 2009 due to low absorption of state budget funds in the first quarter, he said.***
The economy will continue to pick up as the domestic market, the small- and medium-scale business sector in particular, is developing in an enouraging way, Kadin Deputy Chairman for Small and Medium Businesses and Cooperatives Sandiaga S Uno said on Saturday.
"The national economic growth forecast of 5 percent for 2009 is realistic as the first-quarter economic growth rate reached 4.5 percent," he said.
But he added that the still unresolved dilemmatic problems including a lack of legal certainty, land clearance and overlapping of central and regional government regulations would pose obstacles to economic growth.
"They are classical problems which have remained unsolved until now," he said.
If the classical problems were resolved the economy might perform better and grow 7 percent next year, he said.
Kadin Deputy Chief for Domestic Trade Bambang Soesatyo said earlier the economy would grow at a stable rate of 4.5 percent until the end of this year.
The economy would not grow significantly until the end of 2009 due to low absorption of state budget funds in the first quarter, he said.***
