Thursday, 02 February 2017
To achieve its 2017 target of economic growth above 5 percent, the government aims for investment to increase at a rate of 5.4 percent to 5.6 percent this year. National Development Planning Board (Bappenas) head Bambang Brodjonegoro said that while growth of household consumption could be maintained at around 5 percent, the rate would not rise further. The same went for exports, which are expected to increase by no more than 1.7 percent.
"If we can maintain the growth of household consumption at 5 percent, our economic growth would not fall below 5 percent. However, to grow faster than that, investment must be boosted," Bambang saidon Thursdayduring the presentation of the 2017 economic outlook by the European Business Chambers of Commerce in Indonesia (EuroCham) at the Investment Coordinating Board’s (BKPM) headquarters in Jakarta.