Indonesia’s 2012 Economic Growth Projection the Highest in ASEAN

Indonesia Economic Review 2012 | This is maybe the only good news for Indonesian. Indonesia’s economic growth in 2012 is predicted to be higher than other ASEAN countries. Indonesian government promises to do their best in order to make better preparation of an expansive fiscal policy in 2012 to support the economic growth which projected to be around 6.5% to 6.9%.
The rate of Indonesian economic growth would be higher than Malaysia (5.2%), Thailand (4.5%), the Philippines (5.0%) and Singapore (4.4%).
The public consumption and the government consumption estimated to grow respectively by 4.8 - 5.2% and 6.0 - 6.4%, while the investment would grow by 10.0 - 10.4%. In the other side, export and import were also predicted to increase respectively by 14.9 - 15.3% and 18.8 - 18.4%.
Several steps to encourage the economic growth are among others increase people’s purchasing power by controlling the rate of inflation and encouraging the realization of budget absorption, improve investment climate and speed up infrastructure development.
Budget allocation policy would be made to support the quality economic growth which reflected in significant improvement of budget allocation for infrastructure development, poverty eradication program, and subsidies for farm aid in order to expand employment and improve people’s income.
source: Global Review

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16 Responses to "Indonesia’s 2012 Economic Growth Projection the Highest in ASEAN"

  1. I salute the Indonesian government for having this Budget allocation policy, due to the fact that they made their country's economic growth soar high. This is truly a good news for the Indonesian people. I salute the government for doing such a good job.

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  2. Nice blog, another information to open the eyes of every people. This can be very helpful and will probably make any sense to the government about local issues that must be taken for granted and must have a solution right away.

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  3. My warmest congratulation to the Indonesian people who work hard to reach this far. Their government is really commendable for bringing the country to prestige. May this continue to improve as the day passes by.

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  4. It is a great news for all the Indonesian citizens. With there attitude of being perseverance they deserve to have there economic stability to soar high. Good job!

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  5. It is indeed a good news to all Indonesian people who worked so hard for this. May this projection happen to benefit many lives.

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  6. This could be a great news for all the Indonesian out there especially to the leaders who work hard in order to attain this amazing economic growth projection. I hope everybody can benefit on this growth.

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  7. This is indeed a good news for Indonesian people especially now that some countries are still suffering from poverty and declining rate of the economy. This prediction will surely inspire the Indonesian community to do a lot better on their work. The economic growth and their country's progress depends on how they people work hand in hand for it. It's good to know that the Indonesian society are willing to unite and do the best they can to achieve a well deserve place to live in.

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  8. A truly good news for Indonesian people. The government have their own plan to what is best for the economy in this 2012. It is nice to read and hear that the Indonesian community will hear about this good news. Nice blog!

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  9. It is a such a great news for Indonesian people that their government is doing their best for all of them. The success and growth of the nation does not only depends on its citizens, but also on how they are being governed. A little help such guidance will not hurt if being offered to the people.

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  10. The economy of a certain country affects to the people residing within. It is good to hear that Indonesia is now competitive among other countries. May the success continue along the way with the help of the government to the people who are expecting this big change.

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  11. Economic today is really adjusting and good to hear this positive review. NOW even other countries striving for the growth of economic industries. Although its not like snap to have that status but when people work hand in hand the the goal will be meet.

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  12. Bad news almost invade all media companies, social media sites and even in local news. There were a lot or reported famine, wars, economic fall and other negative things that happening. I'm glad there are still good news that can motivate people that there are still hope. Thus, Indonesian people will surely grateful about this news. Thanks for sharing this information.

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  13. I believe that the success of a country mainly depends on its people. If people are hardworking and aspire to make their country a better place to live in by improving its economy, success is just a few steps away. Just like in Indonesia, my warmest congratulations for this good news. At the same time, I envy Indonesian people, how I wish people in my country would help for the country's growth.

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  14. Indonesians were good when it comes to their production. So it is not surprising that they did better this year among the other asian countries. Thanks a lot for sharing.

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  15. Great news for Indonesia! Businesses in Indonesia are now on its best and government officials are doing their best effort to make the country and its economy be on top. Hopefully this would be followed by other countries not only in Asia but throughout the world.

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