TEMPO.CO, Jakarta - The National Economic and Industry Committee (KEIN) said Indonesia's economic growth assumption of 5.3 percent proposed by the government in the 2017 State Budget is a realistic figure.
"Economic growth target set by the government is at 5.3 percent in 2017 and is still in the category of realistic and moderate figure," said KEIN Vice Chairman Arif Budimanta said on Saturday.
Arif said the target of more optimistic economic growth of 5.5 percent in 2017 could still be pursued again.
However, he expressed his concern about the economic growth target of 5.5 that is considered unrealistic and can lower confidence in the markets, given the current global economic conditions that are still full of uncertainty and exports that are difficult expected.
In a study done by KEIN, Indonesian can register economic growth by 7 percent in 2018.
According to Arif, to achieve the economic growth target of 5.3 percent, processing industries should become the priority sectors to be developed.
By developing processing industries, exported commodities will have added values.
MENTARI DWI GAYATI | ANTARA