Kalla: Economy to grow by 8 percent in 2011
The Jakarta Post, Jakarta | Mon, 05/18/2009 5:51 PM
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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