Finance Minister Sri Mulyani Indrawati says that the government has set an economic growth target of between 5.4-5.8 percent in 2019. (Photo: Antara News)
Jakarta (VNA) – Indonesian Minister of Finance Sri Mulyani Indrawati saidthat the government has set an economic growth target of between 5.4-5.8percent in 2019.
According to the Antara News, the growth targetis directed toward creation of equitable growth all over Indonesia, byaccelerating development mainly in backward areas.
Development of economic sectors with high value and labour productivity will beput at the first line of the solutions, she said, adding that the digitalindustry needs the support of good quality and productive, innovative andcompetitive human resources.
In addition, the momentum of growing investment and exports have to bemaintained by abolishing restrictive regulations in the centre as well as inthe regions and reform in taxation system and labour sector, she noted.
“The government is designing various attractive and competitive fiscalincentive policies to motivate investment and exports”, she said.
The country eyes to curb the inflation rate at 3.5 percent more or less 1percentage point to keep the purchasing power at a healthy level to push uphousehold consumption. The government will maintain balance between supply anddemand. Increasing national production capacity is an effort to ensuresufficient goods, especially food.
The rupiah value is expected to average 13,000-14,000 per dollar in 2019 amidchallenge in maintaining stability in exchange rate.
She said that rupiah exchange rate fall does not always mean negative to thedomestic economy as a declining rupiah can boost export and economicgrowth.-VNA
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
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Finance Minister Sri Mulyani Indrawati says that the government has set an economic growth target of between 5.4-5.8 percent in 2019. (Photo: Antara News) 
