ID :
86669
Thu, 10/29/2009 - 11:12
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Shortlink :
https://www.oananews.org//node/86669
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RI'S ECONOMY TO CONTINUE GROWING : OBSERVER
Bandarlampung, Oct 28 (ANTARA) - An economic observer said she believed Indonesia`s economy would continue to grow in 2010.
Aviliani, an econmist at the University of Indonesia, said "in 2010 , growth in other countries may not be better than in Indonesia and therefore investors are likely to choose Indonesia for their short-term investment."
Speaking in a dialogue on Indonesia`s economic outlook, she said economic growth in countries around the world would not yet be stable. Although they were trying to issue bonds, the securities might not sell well, and therefore investors would still prefer Indonesia for their short-term investment.
She also said, however, Indonesia had to be careful and ensure that the funds that had entered the country would not eventually flee to other countries.
"If recovery occurs in those countries in 2011, it is feared the funds that have entered Indonesia will go away," she said.
So, the funds that had entered must be maintained well so that investors would not withdraw them for investment elsewhere, she said.
Aviliani said, according to the 2010 national budget`s macro-economic assumptions, the country`s economy was expected to grow 5.5 percent while the GDP would stand at Rp5,981.4 trillion, inflation at 5.0 percent, three-month key rate interest at 6.5 percent, oil price at US$65 per barrel and oil lifting at 0.965 million barrels a day.
The chief of the Bandarlampung Bank Indonesia, M Dahlan, said total bank assets in Lampung province until August 2009 reached Rp23.2 trillion or grew 4.35 percent compared to the last position in 2008.
Distribution of credits grew 4.28 percent to Rp16.4 trillion while the third party funds collected by banks in the province grew 4.10 percent from Rp14.9 trillion to Rp15.5 trillion, he said.
The growth of credits is quicker than collection of third funds because the loan to deposit ratio of the banks in Lampung rose a bit from 114.1 percent to 114.3 percent.***2***
Aviliani, an econmist at the University of Indonesia, said "in 2010 , growth in other countries may not be better than in Indonesia and therefore investors are likely to choose Indonesia for their short-term investment."
Speaking in a dialogue on Indonesia`s economic outlook, she said economic growth in countries around the world would not yet be stable. Although they were trying to issue bonds, the securities might not sell well, and therefore investors would still prefer Indonesia for their short-term investment.
She also said, however, Indonesia had to be careful and ensure that the funds that had entered the country would not eventually flee to other countries.
"If recovery occurs in those countries in 2011, it is feared the funds that have entered Indonesia will go away," she said.
So, the funds that had entered must be maintained well so that investors would not withdraw them for investment elsewhere, she said.
Aviliani said, according to the 2010 national budget`s macro-economic assumptions, the country`s economy was expected to grow 5.5 percent while the GDP would stand at Rp5,981.4 trillion, inflation at 5.0 percent, three-month key rate interest at 6.5 percent, oil price at US$65 per barrel and oil lifting at 0.965 million barrels a day.
The chief of the Bandarlampung Bank Indonesia, M Dahlan, said total bank assets in Lampung province until August 2009 reached Rp23.2 trillion or grew 4.35 percent compared to the last position in 2008.
Distribution of credits grew 4.28 percent to Rp16.4 trillion while the third party funds collected by banks in the province grew 4.10 percent from Rp14.9 trillion to Rp15.5 trillion, he said.
The growth of credits is quicker than collection of third funds because the loan to deposit ratio of the banks in Lampung rose a bit from 114.1 percent to 114.3 percent.***2***