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Economic Growth Reduces Inequality

Optimism, in many ways, should be maintained. Based on the existing economic indicators, Indonesia has reasons to be optimistic.

By
DEWI INDRIASTUTI
· 3 minutes read
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Kompas/Totok Wijayanto

National Development Planning Minister Bambang PS Brodjonegoro gives a presentation during a discussion at the Bappenas Building, Jakarta, on Monday. The theme of the discussion was “Development Outlook 2018: Challenges in the Political Year.” Other speakers included UI Economics and Business Faculty professor Dean Ari Kuncoro, UGM economics observer Tony Prasetiantono, Charta Politika executive director Yunarto Wijaya.

Optimism, in many ways, should be maintained. Based on the existing economic indicators, Indonesia has reasons to be optimistic. Such an economic rationale is even needed to support the country’s structural reforms.

The macro indicators include economic growth of 5.03 percent as of September 2017, with a low inflation rate of 3.3 percent and foreign exchange reserves of US$125.96 billion as of November 2017.

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