Indonesia worries about economic prospects in 2018

Indonesian Minister of Finance Sri Mulyani has warned of global risks that could affect the country's economic situation as well as its efforts to reach the development targets in 2018, the Antara news agency reported on September 8.
Indonesia worries about economic prospects in 2018 ảnh 1Indonesian Miniser of Finance Sri Mulyani (Source: Antara)
Jakarta,(VNA) – Indonesian Minister of Finance Sri Mulyani has warned of global risks that could affect the country'seconomic situation as well as its efforts to reach the development targets in2018, the Antara news agency reported on September 8.

Among the external risks are those relate to the development of the US andChina, the world’s largest economies, the minister said at a meeting on statebudget of the Commission XI of the House of Representatives one day earlier. 

"We continue to watch the trend of trade especially with the UnitedStates which tends to be protective and we also see risks from the trend ofrebalancing of the Chinese economy," she was cited by Antara as saying.

Other global risks in 2018 are stagnation in commodity prices, US dollarstrengthening, escalation of conflict on the Korean peninsula, Brexit processand terrorist threats, Mulyani said. 

The minister stressed that despite the risks ahead, the Government willmaintain its economic growth target at 5.4 percent in 2018.

She underlined the need for Indonesia to have a policy to face global economicuncertainties and accelerate the implementation of major economic programmesset by the Government.

Household consumption, along with investment and export activities ofsmall enterprises would drive the national economy in 2018, Mulyani added.-VNA 
VNA

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