Next Year Political Party, Economic Growth 5.3 Percent

By : Wiyanto Dan Aldo Bella Putra | Wednesday, November 29 2017 - 23:00 IWST

Fadel Muhammad Wakil Ketua Komisi VII DPR (Foto Ist)
Fadel Muhammad Wakil Ketua Komisi VII DPR (Foto Ist)

INDUSTRY.co.id - Jakarta - Vice Chairman of Commission VII of the House of Representatives (DPR) Fadel Muhammad considers economic growth in 2018, much higher than 2017.

What he discloses is based on the prediction report of both national financial institutions and international financial institutions.

"Next year economic growth from various studies, that next year's economic growth is 5.3% to 5.4%, ADB predicts 5.1%, UI estimates 5.3% and IMF 5.3%," he said. At the Indonesia Best Banking Brand Award held by Warta Ekonomi in Jakarta, Wednesday (29/11/2017).

According to him, growth above 5% is pretty good. Despite the decline in purchasing power in the community.

"The average financial institution estimates that 5% growth, growth is good, even though the purchasing power is down, there is a problem of technology shift is the fact that there is, we pay attention to that," he said.

Related to next year there is a political party in the form of regional head elections in various places, Fadel said it is a thing that has been prevalent for the people of Indonesia.

"Next year, political developments are already common, 117 regional elections are quite large, such as Sumatra, Java including South Sulawesi, have the potential for shocks, continue to be discussed. On the other hand, the leadership shocks are held," he said.

News Comment

Today's Industry

A total of 55 health professionals who participated in the Binawan Europe program, in the form of international career development scholarships in Austria. (Photo: The Public Relations of Binawan University)

Jumat, 02 Mei 2025 - 10:46 WIB

Binawan and Government Support Indonesian Nurses in Europe through Scholarships

In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

SUNeVision Initiates MEGA IDC Phase Two Development

Jumat, 28 Maret 2025 - 22:21 WIB

SUNeVision Initiates MEGA IDC Phase Two Development

SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

 PT Metrodata Electronics Tbk (“MTDL”)

Jumat, 28 Maret 2025 - 22:07 WIB

TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary

PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Wireless Logic

Jumat, 28 Maret 2025 - 22:00 WIB

Wireless Logic Selected By Thales As IoT Connectivity Partner

Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Microvista Expands International Presence with Mobile CT System ScanExpress

Jumat, 28 Maret 2025 - 21:53 WIB

Microvista Expands International Presence with Mobile CT System ScanExpress

The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…