YOGYAKARTA, March 25 (PNA/ANTARA) - An economic observer said Indonesia`s economic growth could reach six percent this year because of the national economy`s performance over the past two months.
"I initially predicted growth would reach only 5.3 percent but in view of the economy`s performance over the past two months, I am now optimistic we can achieve a six-percent growth rate," Toni Prasetyantono from state Gajahmada University said here on Wednesday.
He said the economy's improved performance in the past two months would have a positive impact on the revised 2010 state budget. A good national budget would also serve as a good economic stimulus, he said.
"Therefore, the state budget needs to be revised to adjust it to the latest economic conditions which are marked by good growth," he said.
Regarding the plan of several legislators to refuse meeting the finance minister to discuss the revised 2010 state budget, Toni said they would only be hurting everybody if they carried out their plan.
He said their stance was not professional and would hinder discussions of the revised state budget while at the same time they knew the national budget had to be changed to be adjusted to the latest domestic economic conditions which are now improving.
He said the meeting would be very important. If the current national budget was not changed, the nation would be hurt, he said.
"Legislators should be able to exercise restraint and act professionally in dealing with a problem. Moreover, the finance minister has not yet been proven legally guilty," he said.
- Indonesian delegation holds business talks in Liuzhou
- Chinese, Indonesian presidents pledge joint efforts to build community with shared future
- Peng Liyuan meets with Indonesian first lady
- Indonesian President Joko Widodo to visit China
- Chinese, Indonesian presidents hold phone talks
- Indonesian students attend Guangxi culture online camp
Popular Videos
Hot comments
- First apes at U.S. zoo receive COVID-19 vaccine made for animals, zoo official says
- China Life: Chinese women shine with She Power
- Foreign firms approved to offer VPN services in capital
- Homemade curling videos trending in China
- 86-year-old grandma in Hebei spends most her life on traditional cheongsam
- Winners of 2022 Inaugural WLA Prize announced
- Lantern Festival: A romantic celebration in China
- Two Chinese COVID-19 vaccine firms to supply vaccines to COVAX
- Media center for 20th CPC national congress to open on Oct. 12
- Six suspects arrested in HK for role in SE Asia job scam
Top Reviews
- Young artists recreate beauty of traditional Hanfu costume
- China releases photos of tallest tree
- English version of ‘Understanding Xi Jinping’s Educational Philosophy’ published
- China crowned in men’s team for 10th straight time at table tennis worlds
- China publishes Atlas of Wildlife in SW China
- Guangxi’s 10 Years: A Visit to China’s Qinzhou Port
- Congress delegate helped lift village out of poverty
- Expo highlights joint efforts in NEV development
- Racism stain of shame on ‘world democratic paradise’
- U.S. may face new COVID wave this upcoming winter: report