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Dec 15, 2016 11:38:19

LIPI: Indonesia GDP growth would reach 5.45% in 2017

Center of Economic Research in Indonesian Institute of Sciences (LIPI) projects Indonesia GDP growth to reach 5.45% in 2017. LIPI officials stated that investment will be a main driver for the growth, supported by the 14 economic policies that raise the investor appetite to do their investment. Government will also increase regional competitiveness mainly in infrastructure development that would decrease logistics cost. In addition, LIPI also projected that inflation would reach 4%. Global oil and food prices would be the main driver of inflation. (Koran Tempo)

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