BI predicts 6.6 percent growth in 2012

Bank Indonesia forecasts the country’s economic growth to mount to 6.0 percent to 6.5 percent in 2011 and 6.1 percent to 6.6 percent in next year.

“This performance will be supported with a more balanced growth structure, with investment forging ahead and continued solid performance in exports,” the central bank said in a statement issued on Wednesday.

BI expects the economy to grow at a brisk 6.4 percent, with investment likely to take on an enlarged role in building the capacity of the economy.

“At the sectoral level, high growth is predicted in all economic sectors, led by transportation and communications sector, the trade, hotels and restaurants sector and the construction sector.”