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BI chief candidate pledges to help achieve 6% growth

News Desk (The Jakarta Post)
Jakarta
Wed, March 28, 2018

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BI chief candidate pledges to help achieve 6% growth Bank Indonesia deputy governor Perry Warjiyo (Antara/Hafidz Mubarak)

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early nominated Bank Indonesia governor Perry Warjoyo pledged to help achieve 6 percent annual growth in the next five years when he was interviewed by lawmakers with House of Representatives Commission XI, which oversees financial affairs, on Wednesday.

The interview, known as a fit and proper test, is required by law for BI governor candidates after the President submits the candidates/candidate to the House.

President Joko “Jokowi” Widodo nominated Perry as the only candidate, making his way to BI governorship a smooth one, particularly because there was no opposition to his nomination from lawmakers.

“We all want to see the economy, which is currently growing in the range of 5.2 and 5.3 percent, to expand faster to 6 percent or more,” said Perry before members of Commission XI, as reported by kompas.com.

He expressed his confidence that Indonesia could boost economic growth through an expansion of exports, so as to not rely so heavily on the existing export commodities and products.

“We can boost exports, but we have not expanded the sources of economic growth, which currently still relies on infrastructure and commodities. We have not expanded the sources of economic growth to other sectors like agriculture, manufacturing, plantations, etc.,” he added.

He also said expanding the business of micro, small and medium enterprises (MSME) by helping them access the digital economy would greatly contribute to economic growth.

“Indonesia is a country that could rely on MSMEs,” he said, adding that MSMEs were more resistant to economic crisis.

Commission XI is scheduled to approve his nomination on Thursday. (bbn)

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