Rp1,180t Needed to Meet Growth Target
Indonesia requires an investment of Rp1,180 trillion next year to achieve the economic growth target of 6.7% to 7%, Coordinating Minister for the Economy Boediono said.
Of the investment needs, Rp141 trillion will come from both central and regional governments and the remaining Rp1,039 trillion, or 88%, from the private sector, he said, according to an XFN-Asia report on Thursday (3/5/07).
For this year, the government expects total investment to reach Rp958 trillion to achieve the economic growth target of 6.3%, he said.
About 13% of the investment needed this year will come from the government and the rest from the private sector, he said.
Of the investment needs, Rp141 trillion will come from both central and regional governments and the remaining Rp1,039 trillion, or 88%, from the private sector, he said, according to an XFN-Asia report on Thursday (3/5/07).
For this year, the government expects total investment to reach Rp958 trillion to achieve the economic growth target of 6.3%, he said.
About 13% of the investment needed this year will come from the government and the rest from the private sector, he said.