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Developed Asean Countries to Survive The Weak Economy,

The government predicts the world economy and regional levels in 2012 even in developed countries are seeing the economic slowdown.

Developed ASEAN countries to survive the weak economy,

The government predicts the world economy and regional levels in 2012 even in developed countries are seeing the economic slowdown. However, developing countries in ASEAN are expected to grow further.

Finance, Bambang Brodjonegoro, acting director of the financial policy of the Ministry said that four percent of the global economy in 2012 to 4.3 percent and 4.5 percent in 2011 to four percent growth better tolerated.

The biggest improvement of 1.6 percent from 2.2 percent and 6.4 percent from 6.6 percent in developing countries, the developed countries. Meanwhile, ASEAN 5.3 percent from 5.4 percent right.
“Affected by the crisis, but compared to other ASEAN countries in the world is relatively small,” Bambang said in Jakarta on Monday 31 October, 2011.

The global economic slowdown, he continues, from 7.5 percent in 2011 to 5.8 percent in 2012 to reduce the volume of world trade is estimated to affect.
Bambang said the economic growth of industrialized countries in the world today there is no improvement, the economy depends in China and India are expected to support.

A university professor, Indonesia, Asian economies were slowing, but not severe, because the resistivity of the economic crisis, household consumption is expected to break.
However, these projects in ASEAN, Singapore and Malaysia, two of the first countries in the Americas and Europe by the global economic crisis affected.

“Asian countries have large domestic consumption base, so that domestic consumption will be removed as a result of the economic crisis effects in times of crisis,” said Bambang.

Indonesia, he continued, Asia and East Asia is a strategic position. Therefore, most of Indonesia, China, Japan and ASEAN as a single unit for Europe and the United States market. However, the Government will be alert to the second-round effects.

In the meantime, Deputy Minister of Finance, Anny Ratnawati State Budget (Budget) in 2012 to describe the potential impact of a reduction and the global slowdown has tried to adapt.
In terms of economic policy in 2012, he said, the budget fiscal risks RP15, 8 trillion, the creation of social aid fund for the purposes of the purchasing power of Rp64, 9 trillion, RP15 food subsidies, 6 trillion, RP rice 2 trillion reserves and other expenses for the upkeep of emergency FP5, 5 trillion.

Moreover, the foreign exchange reserves of U.S. $ 114.000.000.000 in September 2011, which is expected to reduce to the crisis is reached. ”It’s for all the mitigation measures and expectations,” he said.

Anny said the fact that Europe’s economic crisis in Indonesia and the U.S. (capital inflow) hit potential for foreign capital flows can be seen as in 2012 will continue to grow.
For this, it is to the real sector in Indonesia try to build infrastructure, to direct the flow of capital.

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