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Indonesia's economic growth in the quarter IV was beyond expectations. The government projected economic growth rate in the IV quarter of 2009 reached 5.2%.

"With the support of the realization of economic growth in Indonesia until the third quarter had grown 4.2%, and predicted achievement of higher growth in the quarter IV (approximately 5.2%), then the economic growth in Indonesia in 2009 is expected to reach 4.3 % -4.4%, "said Head of Public Relations Bureau of Finance Harry Z Soeratin in a press release received by Media Indonesia, Friday (1 / 1).

According to him, in the middle of the challenges of global crisis, the achievement of some of the national macro-economic indicators in 2009 showed a good performance. Economic growth rates 4.3% -4.4% is in line with the government's target of 4% -4.5%. In addition, in 2009 the inflation rate is only 3% was also considered the best performance in the last 10 years. Inflation is much lower than planned in the 2009 Revised Budget. Along with low levels of inflation, interest rate 3-month SBI Bank Indonesia continued attempted declining, so that realization of an average 7.6%.

In 2009, the rupiah has strengthened the trend, so that at the end of the year reached 9403 per U.S. dollar, or an average 10,408 per U.S. dollar during 2009. "The strengthening of rupiah was supported by the high foreign exchange reserves reached U.S. $ 65.84 billion as of November 2009," said Harry.

The price of Indonesian crude oil in accordance with the expected, namely to reach an average of U.S. $ 61.5 / barrel. Indonesia lifting of crude oil averaged 952 thousand barrels per day (bpd), which is still below the target in the Revised 2009 of 960 thousand bpd.

Harry explains, based on the development of macroeconomic indicators in the year 2009, the performance realization Revised 2009 can be achieved better than planned in support of national development programs. "Revised Performance of 2009 is much better reflected in the realization of the budget deficit that reached Rp87, 2 trillion (1.6% of GDP), which is much lower than the target Rp129, 8 trillion (2.4% of GDP).

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One Response so far.

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    Adam Vohrer
    Vice President of CCRG

    Citizens Committee for Restructured Government (CCRG)

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