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Kalla: Economy to grow by 8 percent in 2011
The Jakarta Post , Jakarta | Mon, 05/18/2009 5:51 PM | Business
Presidential candidate Jusuf Kalla has targeted that economic growth should accelerate to eight percent per annum by 2011 if he wins the upcoming presidential elections."We can grow by 8 percent easily by 2011. We are able to deliver that because state spending decreases, world economy improves and demand rises," he told businessmen grouped at the Indonesian Chamber of Commerce and Industry (Kadin).
Kalla is the first presidential candidate to speak to Kadin. Incumbent President Susilo Bambang Yudhoyono is schedule to speak to the businesspeople on Wednesday. Candidate Megawati Soekarnoputri, however, has not yet given her confirmation to speak at the forum.
Kall said he wanted more equity in economic growth, with benefits spreading to more people, especially the poor. Equity could also be pursued through progressive tax system.
He further said that next year, the country's fuel subsidies would decrease because of the current government's kerosene-to-gas conversion program, which he had initiated and promoted, as well as the construction of more coal-powered power plants.
"Many infrastructure projects will be ready by 2011, and we will continue to improve administrative procedures," he said.
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David, Jakarta (not verified) — Wed, 05/20/2009 - 7:21am
Not so long ago the great sage of Makassar predicted that the EU ban on Indonesian airlines would be lifted in June. There is no sign of that happening. This is just one of many of the great sage's prophesies that has already been quietly forgotten.
The fact is that 8% economic growth in 2011 is perfectly possible whoever wins the presidential election.
Kalla is all talk.
Someone who hate u.. (not verified) — Tue, 05/19/2009 - 2:35pm
just your dream..
come on..
wake up from your dream..
Ifan (not verified) — Tue, 05/19/2009 - 11:41am
Economy growth, however, is one of the most pivotal issues for presidential candidate if they want to get support from business people. What Mr.Kalla conveyed in front of a group entrepreneur to make domestic economy grow up to 8% is a good issue.
Economy growth have strong correlation with economy activity in particular in real sector where businessman doing their business.
The problem, how to grow up it. Since world's economy activity underwent a slow down, it influence directly to internal economy. Over recent month, some economy indicator such as economy growth, exchange rate and unemployment rate tend to be worse.
To make what Mr.Kalla said come true, The next administration has to hard work and doing extra effort. They have to brave doing unpopular action for instance reduce tax or subsidization.
B. ACOTT (not verified) — Tue, 05/19/2009 - 8:17am
Pak Kalla is not only a polititian but has now become a magician. According to his statement that the economy will grow by 8% in 2011, maybe he should let the rest of the world in on his secret.
Regards
Barry Acott
Florian Laur (not verified) — Tue, 05/19/2009 - 7:27am
What's the next thing he'll do? Turn water into wine? Gee, how gullable would you have to be to fall for this man's promises and shenanigans?