Economic growth likely to exceed 6.4% in 2011.

By bne IntelliNews April 8, 2011
Indonesia's economy is expected to grow at a faster rate surpassing the initial projection of 6.4% this year. As reported by Xinhua News Agency, Coordinating Minister for Economy, Hatta Rajasa stated that the government decision to economize the budget by at least 10% this year and reallocation of funds to sectors that may directly encourage economic growth are likely to speed up the growth of the economy. Some of the funds are also expected to be used as reserve funds to foresee increasing prices of volatile food and energy.

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