Tue, 08 Feb 2011
Jakarta (ANTARA News) - Finance Minister Agus Martowardojo said the country`s economic growth at 6.1 percent in 2010 pleased the government as it had exceeded the 5.8 percent assumed in the state budget.

"We hail the outcome. Indeed we had hoped it would surpass six percent and it did, and even reached 6.1 percent. This means that the outcome was higher then the targeted 5.8 percent," the minister said here on Monday.

He said the growth in 2010 was good and had met expectations thanks to growth in domestic consumption, investment and exports.

"Household consumption growth was high and we also see other factors such as investment and exports. And exports got more support because the prices of several other commodities increased. It seems that this factor played a role in the fourth quarter of 2010," the minister said.

He said there were several matters that needed to be improved by the government, particularly in the consumption sector such as accelerating the absorption of the budget so that the growth target for 2011 which was set at 6.4 percent could be achieved.(*)



News Search/Filter
Transaction Rates
25 Sep 17
Buy
Sell
AUD1
10,988.78
10,190.22
BND1
10,248.70
9,503.49
BTC1
50,516,372
50,516,372
CAD1
11,192.64
10,381.03
CHF1
14,224.63
13,192.87
CNH1
2,093.51
1,941.27
DKK1
2,213.90
2,053.20
EUR1
16,472.13
15,276.37
GBP1
18,674.02
17,317.48
HKD1
1,767.56
1,639.46
JPY100
12,292.97
11,400.46
LAK1
1.67
1.54
NOK1
1,767.61
1,638.94
NZD1
10,037.62
9,305.39
PGK1
4,431.41
3,892.72
SEK1
1,729.49
1,603.33
SGD1
10,248.70
9,503.49
THB1
417.20
386.74
USD1
13,805.00
12,805.00
VND1
0.61
0.56
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services