Fri, 01 Oct 2010
From:
VIVAnews - To achieve growth in the gross domestic products at seven percent by 2012, the Indonesian government must advance the capital expenditure twice as much as this year's budget.

The government this year have just spent infrastructure expenditure by 3.5 percent of the GDP. "It's still too low," said World Bank Lead Financial Economist, P.S. Srinivas, today, Sept 30.

If the government can double the budget, the infrastructure growth in Indonesia may get to a level as it did before the 1998 crisis. "Indonesia may exceed China," he said.

However, Srinivas said that the government cannot depend much on private sector to boost infrastructure development.

In addition, private sector may contribute to 20-30 percent of the required infrastructure development. "Private sector will not set up infrastructure in neither Papua nor East Nusa Tenggara," he said.

Economists estimated that the Indonesian economy will be one of the world's superiors next year.

Fauzi Ichsan, a senior economist at the Standard Chartered Bank, believed that Indonesia's GDP would reach 6.2 percent late this year.



News Search/Filter
Transaction Rates
12 Dec 18
Buy
Sell
AED1
3,980.52
3,980.52
AFN1
192.82
192.82
ALL1
133.71
133.71
AMD1
30.10
30.10
ANG1
8,239.40
8,239.40
AOA1
47.25
47.25
ARS1
386.80
386.80
AUD1
10,546.80
10,546.80
AWG1
8,122.90
8,122.90
AZN1
8,588.07
8,588.07
BAM1
8,519.06
8,519.06
BBD1
7,310.60
7,310.60
BDT1
174.33
174.33
BGN1
8,462.51
8,462.51
BHD1
38,788.47
38,788.47
BIF1
8.13
8.13
BMD1
14,621.20
14,621.20
BND1
9,277.28
9,277.28
BOB1
2,116.42
2,116.42
BRL1
3,745.37
3,745.37
BSD1
14,621.20
14,621.20
BTC1
48,766,427
48,766,427
BTN1
203.43
203.43
BWP1
1,365.93
1,365.93
BYN1
6,893.52
6,893.52
BZD1
7,255.26
7,255.26
CAD1
10,928.40
10,928.40
CDF1
8.97
8.97
CHF1
14,721.30
14,721.30
CLF1
603,832.49
603,832.49
CLP1
21.38
21.38
CNH1
2,121.38
2,121.38
CNY1
2,119.01
2,119.01
COP1
4.55
4.55
CRC1
24.44
24.44
CUC1
14,621.20
14,621.20
CUP1
567.81
567.81
CVE1
150.15
150.15
CZK1
640.05
640.05
DJF1
82.14
82.14
DKK1
2,217.77
2,217.77
DOP1
290.84
290.84
DZD1
123.16
123.16
EGP1
816.27
816.27
ERN1
974.91
974.91
ETB1
521.32
521.32
EUR1
16,556.31
16,556.31
FJD1
6,917.17
6,917.17
FKP1
18,265.31
18,265.31
GBP1
18,265.31
18,265.31
GEL1
5,518.90
5,518.90
GGP1
18,265.31
18,265.31
GHS1
2,987.99
2,987.99
GIP1
18,265.31
18,265.31
GMD1
294.93
294.93
GNF1
1.60
1.60
GTQ1
1,890.70
1,890.70
GYD1
70.04
70.04
HKD1
1,870.54
1,870.54
HNL1
599.11
599.11
HRK1
2,240.45
2,240.45
HTG1
193.28
193.28
HUF1
51.13
51.13
IDR1
1.00
1.00
ILS1
3,897.89
3,897.89
IMP1
18,265.31
18,265.31
INR1
202.13
202.13
IQD1
12.28
12.28
IRR1
0.34
0.34
ISK1
118.05
118.05
JEP1
18,265.31
18,265.31
JMD1
114.66
114.66
JOD1
20,604.76
20,604.76
JPY1
128.96
128.96
KES1
142.71
142.71
KGS1
212.82
212.82
KHR1
3.62
3.62
KMF1
33.63
33.63
KPW1
16.24
16.24
KRW1
12.95
12.95
KWD1
48,088.14
48,088.14
KYD1
17,549.53
17,549.53
KZT1
39.46
39.46
LAK1
1.70
1.70
LBP1
9.69
9.69
LKR1
81.55
81.55
LRD1
92.49
92.49
LSL1
1,021.94
1,021.94
LYD1
10,509.14
10,509.14
MAD1
1,535.27
1,535.27
MDL1
851.31
851.31
MGA1
4.12
4.12
MKD1
269.46
269.46
MMK1
9.29
9.29
MNT1
5.95
5.95
MOP1
1,816.71
1,816.71
MRO1
40.95
40.95
MRU1
401.68
401.68
MUR1
423.48
423.48
MVR1
946.35
946.35
MWK1
19.67
19.67
MXN1
724.43
724.43
MYR1
3,494.31
3,494.31
MZN1
240.16
240.16
NAD1
1,021.94
1,021.94
NGN1
40.17
40.17
NIO1
451.01
451.01
NOK1
1,704.67
1,704.67
NPR1
127.15
127.15
NZD1
10,069.62
10,069.62
OMR1
37,978.72
37,978.72
PAB1
14,621.20
14,621.20
PEN1
4,342.39
4,342.39
PGK1
4,344.99
4,344.99
PHP1
277.19
277.19
PKR1
104.84
104.84
PLN1
3,849.37
3,849.37
PYG1
2.46
2.46
QAR1
4,015.71
4,015.71
RON1
3,554.89
3,554.89
RSD1
139.87
139.87
RUB1
220.19
220.19
RWF1
16.56
16.56
SAR1
3,897.21
3,897.21
SBD1
1,839.20
1,839.20
SCR1
1,071.93
1,071.93
SDG1
307.16
307.16
SEK1
1,609.20
1,609.20
SGD1
10,644.43
10,644.43
SHP1
18,265.31
18,265.31
SLL1
1.74
1.74
SOS1
25.20
25.20
SRD1
1,960.47
1,960.47
SSP1
112.24
112.24
STD1
0.69
0.69
STN1
673.78
673.78
SVC1
1,671.33
1,671.33
SYP1
28.39
28.39
SZL1
1,021.98
1,021.98
THB1
445.49
445.49
TJS1
1,553.41
1,553.41
TMT1
4,177.50
4,177.50
TND1
4,976.06
4,976.06
TOP1
6,379.07
6,379.07
TRY1
2,727.34
2,727.34
TTD1
2,169.82
2,169.82
TWD1
475.16
475.16
TZS1
6.32
6.32
UAH1
527.59
527.59
UGX1
3.91
3.91
USD1
14,621.20
14,621.20
UYU1
454.02
454.02
UZS1
1.76
1.76
VEF1
0.05
0.05
VND1
0.62
0.62
VUV1
131.87
131.87
WST1
5,614.16
5,614.16
XAF1
25.23
25.23
XAG1
213,074.34
213,074.34
XAU1
18,177,432.99
18,177,432.99
XCD1
5,410.14
5,410.14
XDR1
20,310.04
20,310.04
XOF1
25.23
25.23
XPD1
18,210,486.98
18,210,486.98
XPF1
138.74
138.74
XPT1
11,484,902.75
11,484,902.75
YER1
58.40
58.40
ZAR1
1,020.15
1,020.15
ZMW1
1,226.39
1,226.39
ZWL1
45.35
45.35
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