Indonesia Sees Economic Growth at 6.5 Percent in 2013

Indonesia expects gross domestic product to expand 6.5 percent this year despite a slowdown in the global economy, acting finance minister Hatta Rajasa said on Tuesday.

He estimated 2014 growth at 6.4-6.9 percent, due to increased economic activity during next year’s general and presidential elections.

The economy expanded 6.23 percent in 2012.

Rajasa, who is also chief economic coordinating minister, said the G20 economy’s budget deficit will dip to 1.5 percent in 2014, from 1.65 percent this year.















The rupiah, emerging Asia’s worst performing currency last year, is seen at 9,600-9,800 per dollar next year, around current levels.

The net oil importer estimates oil liftings at 840,000 barrels per day this year, rising to around 900,000-930,000 barrels in 2014.


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