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.

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