[C] Mulyani says 2018 GDP growth aim of 5.6% ambitious but credible

Cogencis, Tuesday, Apr 4

  --Minister Mulyani: May set inflation aim at 2.5-4.5% in 2018 budget

  --Mulyani: GDP growth aim of 5.6% in 2018 is ambitious and credible

  JAKARTA - Finance Minister Sri Mulyani today said even though the

economic growth target of 5.6% for 2018 was lower than the government's

earlier aim, it was ambitious and optimistic but credible.

  Initially, the government had set the GDP growth target for next year at

5.4-6.1%, but lowered it because of domestic economic developments and global

factors.

  "Uncertainty in the global economy still remains and geopolitical factors

in several countries (may impact Indonesia's economy)," she said.

  Mulyani said the GDP target for 2018 saw exports, investments, and

household consumption as the main drivers for economic growth.

  "We have considered current economic developments (in setting the GDP

growth target for 2018), including the momentum of growth in 2016, and GDP

growth estimate for this year," she said.

  She sees the economy growing at 5.2% this year, higher than the budget

estimate of 5.1%. 

End

Reported by Maesaroh