Indonesia agrees on economic growth of 5.2 – 5.6 percent in 2018
The Indonesian Government and House of Representatives have agreed on macroeconomic assumptions and development goals during their meeting to discuss the state budget draft for 2018.
Illustrative image (Source: Internet) Jakarta (VNA) – The Indonesian Government and
House of Representatives have agreed on macroeconomic assumptions and
development goals during their meeting to discuss the state budget draft for
2018.
The meeting aimed to allow the government to formulate a reliable and effective state budget plan.
The government and House of Representatives agreed to achieve the economic growth of around 5.2 – 5.6 percent, year-on-year inflation rate ranging from 2.5 – 4.5 percent, the rupiah’s exchange rate at 13,700 – 14,000 RP per USD, and the interest on three-month treasury notes at 4.6 - 5.2 percent.
They also agreed on the development goals, including the unemployment rate of 4.8 -5.2 percent, poverty rate of 8.5 - 9.5 percent, Gini ratio of 0.38 - 0.39, and human development index (HDI) of 71.98.
The government is expected to use the macroeconomic assumptions and development targets to formulate the financial notes for the 2019 state budget draft.-VNA
The meeting aimed to allow the government to formulate a reliable and effective state budget plan.
The government and House of Representatives agreed to achieve the economic growth of around 5.2 – 5.6 percent, year-on-year inflation rate ranging from 2.5 – 4.5 percent, the rupiah’s exchange rate at 13,700 – 14,000 RP per USD, and the interest on three-month treasury notes at 4.6 - 5.2 percent.
They also agreed on the development goals, including the unemployment rate of 4.8 -5.2 percent, poverty rate of 8.5 - 9.5 percent, Gini ratio of 0.38 - 0.39, and human development index (HDI) of 71.98.
The government is expected to use the macroeconomic assumptions and development targets to formulate the financial notes for the 2019 state budget draft.-VNA
You should also see
Government urged to probe gold traders to prevent possible market manipulation
The National Assembly (NA) Standing Committee has asked the Government and the Prime Minister to investigate gold trading firms to promptly address any violations in business activities and possible market manipulation, amid soaring domestic prices.
See more
Health
Vietnam has first int’l trauma life support training centre
The International Trauma Life Support (ITLS) Training Centre under the Ministry of National Defence’s Military Hospital 175 officially made its debut in Hanoi on April 15. This is the first of its kind in Vietnam and the fifth established in Southeast Asia.
World
Indonesia speeds up purchasing rice from local farmers
Indonesia’s State Logistics Agency (Bulog) has purchased 120,000 tonnes of unhusked rice (GKP) from farmers through domestic rice procurement, the agency announced.
World
Thailand's Songkran traffic accidents fall over 10%
The number of traffic accidents during the first five days of the Songkran festival’s road safety campaign week fell 10.4% year-on-year to 1,564, Thai authorities said on April 16.
World
Thailand's capital promotes food security projects
The Bangkok Metropolitan Administration (BMA) plans to expand the coverage of its food security projects to more areas in the capital, reported the Bangkok Post.
World
Indonesia issues dengue fever warning to Bali tourists
Indonesia’s Health Ministry has issued an early warning asking local and foreign tourists to remain alert against dengue hemorrhagic fever (DHF), which is on the rise in Bali.
