Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

RI Economic Growth in Q1 Below 5 Percent: Minister

Translator

Editor

19 March 2018 17:28 WIB

Coordinating Economic Minister Darmin Nasution (Right) with Coordinating Human Development and Culture Minister (Left) Puan Maharani. ANTARA FOTO

TEMPO.CO, Jakarta - The government is not overly upbeat on the country's economic growth in the year's first quarter. Coordinating Economic Minister Darmin Nasution estimated Indonesia's economic growth in the first quarter would be slower than last year's.

Darmin said the harvest season in 2017 peaked in March and April, while this year's was predicted to move slightly ahead of time. He added this meant the economic growth would take place after April, which would be in the second quarter of 2018.

“For the last two weeks, the government will take steps to improve prices again so that prices will go back to normal once the Ramadan month arrives,” said Darmin on Monday, March 19. 

Read: Minister: Economic Growth in 2018 Expected to Exceed Target 

However, he confirmed that agriculture’s contribution towards the country’s GDP would be similar to the previous year of less than five percent or around 3.5 percent. Another indicator such as credit growth has also yet to show its potential.

As for the retail standpoint related to society’s consumption, Darmin is unable to detect its true condition. “I prefer not to go into further details, but the economic growth this year will not exceed last year’s growth,”  he said. 

BISNIS



Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

4 jam lalu

Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

Vietnam's gross domestic product in the first quarter grew 5.66% from a year earlier as exports boomed, government data released on Friday.


Jakarta has Capital to Become Business City Competing with New York: Economist

12 hari lalu

Jakarta has Capital to Become Business City Competing with New York: Economist

The metropolitan city of Jakarta has the capital to become a business and economic hub that can compete with New York, an economist says.


Bank Indonesia: Single Round Election May Help Economy Grow More than 5.1%

24 hari lalu

Bank Indonesia: Single Round Election May Help Economy Grow More than 5.1%

Bank Indonesia (BI) Governor Perry Warjiyo is confident that Indonesia's economic growth will exceed 5.1 percent in 2024.


Today's Top 3 News: Indonesian National in Japan Arrested Over Alleged Child Abandonment

28 hari lalu

Today's Top 3 News: Indonesian National in Japan Arrested Over Alleged Child Abandonment

Here is the list of the top 3 news on Tempo English today.


Finance Minister Sri Mulyani Likens Indonesia's Economy to Brazil Ahead of G20 Meeting

29 hari lalu

Finance Minister Sri Mulyani Likens Indonesia's Economy to Brazil Ahead of G20 Meeting

Sri Mulyani Indrawati said economic similarities are present between Indonesia and Brazil.


Jokowi Claims Indonesia's Economy Sturdy Amidst Global Uncertainties

30 hari lalu

Jokowi Claims Indonesia's Economy Sturdy Amidst Global Uncertainties

Jokowi explains that Indonesia's economy in 2023 grew 5.05 percent, with controlled inflation at 2.57 percent.


AHY Visits Airlangga's Office; Promises Smooth Land Acquisition Process for Investments

31 hari lalu

AHY Visits Airlangga's Office; Promises Smooth Land Acquisition Process for Investments

AHY is committed to ensuring successful investment and infrastructure development in fields that require land readiness and legal certainty.


Indonesia Reconsiders to Issue Samurai Bonds Amid Japan Recession

35 hari lalu

Indonesia Reconsiders to Issue Samurai Bonds Amid Japan Recession

Ministry of Finance spoke up about the issuance of Samurai Bonds, the yen-denominated bond, amid the Japanese recession.


What You Need to Know About Downstream Program

37 hari lalu

What You Need to Know About Downstream Program

Indonesia's downstream policy has garnered global attention following President Jokowi's insistence on enforcing downstream programs.


Jokowi Hopes National Economy Improves Post-Election

37 hari lalu

Jokowi Hopes National Economy Improves Post-Election

Jokowi hoped that Indonesia's economy would improve post-election along with the increase in investment and capital.