Jokowi Sets Ambitious Target to Spur Economic Growth

Liputan6.com, Jakarta - President Joko ‘Jokowi’ Widodo said that the government has an ambitious target of 5,5% economic growth and this optimistic notion has been included in the 2016 National Budget (RAPBN).

Such percentage however, is slightly dropped from the 2015 RAPBN economic growth which claims that the nation is set to spur growth by 5,7%. The decision is of course not without any consideration of what is going on domestically and internationally.

President Jokowi wants the government to be ambitious but remains a realistic one knowing the fact, that the condition of global economy is equally staggered by the recent slow down elsewhere in the world thereby causing volatility in the export and import activities.

"Demand for Indonesian made products is expected to increase overtime. It will also be followed by demand for cooperation in infrastructure projects, so I believe that the incentive is very high for the people working behind it. We are also hoping for the reallocation of our budget to the production sector could encourage the growth of our national economy," President Jokowi stated in his speech, Friday (14/8/2015).

The Indonesian government also targets its inflation rate to reach 4,7% in its 2016 RAPBN. This is also an optimistic view which appears to be a comeback, after setting it on 5% in its 2015 RAPBN.

Such ambitious target can be achieved only if people are given the proper purchasing power and after factors such as price of commodities, worldwide energy sources, exchange rate and climate are given enough attention. (Akp/Tnt)