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

Presiden Jokowi

Selasa, 23 April 2024 - 10:29 WIB

President Jokowi Reaffirms Commitment to Farmers’ Welfare

President Joko “Jokowi” Widodo on Monday (04/22) inspected corn harvest in Boalemo regency, Gorontalo province. “Our corn import has decreased significantly from 3.5 million tonnes to…

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…