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President hopes economy to grow more than 6 percent in 2018

By Mei Ling Tan
1 min read
President hopes economy to grow more than 6 percent in 2018
President hopes economy to grow more than 6 percent in 2018

President Joko Widodo (Jokowi) said he hopes the countrys economy could grow more than six percent in 2018 that the 2018 state budget would get healthier.

“In entering the year 2018, the first thing we want is a growth of more than six percent,” the president said when opening a plenary session of the cabinet at the state palace here on Wednesday.

Jokowi said he was aware it would not be easy because for that there should be a growth of more than 10 in the investment sector.

He then asked the head of the Capital Investment Coordinating Board (BKPM) to report estimates including steps that have to be taken to boost investment.

“The consumption sector needs to grow more than 5 percent, exports are also expected to grow by at least 4 percent and imports by at least two to three percent,” he said.

He said, however, the figures still leave rooms for corrections or an increase.

He said he wanted discussion and debate on the 2018 state budget made earlier that implementation would be better.

Almost all cabinet ministers and head of government agencies attended the cabinet plenary session.

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