Metrotvnews.com,
New York: United Nations Economic and Social Commission for Asia and
the Pacific (UN ESCAP) projected that Indonesia's economy will grow 6.6
percent in 2013, boosted domestic demand is still the main economic
drivers.
"Domestic demand will remain the main economic drivers in Indonesia by providing strong growth of 6.6 percent," said ESCAP Executive Secretary Noeleen Heyzer via video message when exposure ESCAP survey in the Bank Building, Jakarta, Thursday (18/4).
Heyzer said the export-oriented countries in East Asia and Northeast Asia and Southeast Asia is expected to obtain benefit from the improving global trade, though still a little.
For economic growth in the Asia Pacific alone, further Heyzer, estimated at 6 percent, up from 5.4 percent the previous year.
"The projection is based on the expected increase in global demand as a result of steady growth in the United States and the rebound is limited in a number of growing economic strength," said Heyzer.
China is also expected to record moderate growth of 7.8 percent in 2013 to 8 percent. India is projected to recover somewhat lower than last year's growth of five per cent to 6.4 per cent in 2013.
"For oil and gas exporting countries in Central Asia and the North will continue to benefit from high global energy prices, while still growing steadily," said Heyzer.
In South and Southwest Asia, economic Afghanistan, Bangladesh, Bhutan, and Sri Lanka is projected to grow six percent or more in 2013. Strong private consumption will drive growth of 6.2 percent in the Philippines and Thailand at 5.3 percent and Vietnam are expected to rise in the second half of 2013 to 5.5 percent.
"But for the economic growth of the developing Pacific Islands in 2013 is expected to slow down due to the sharp decline in the energy sector in Papua New Guinea, which is the largest economic power in the Pacific Islands," said Heyzer. (Ant)
"Domestic demand will remain the main economic drivers in Indonesia by providing strong growth of 6.6 percent," said ESCAP Executive Secretary Noeleen Heyzer via video message when exposure ESCAP survey in the Bank Building, Jakarta, Thursday (18/4).
Heyzer said the export-oriented countries in East Asia and Northeast Asia and Southeast Asia is expected to obtain benefit from the improving global trade, though still a little.
For economic growth in the Asia Pacific alone, further Heyzer, estimated at 6 percent, up from 5.4 percent the previous year.
"The projection is based on the expected increase in global demand as a result of steady growth in the United States and the rebound is limited in a number of growing economic strength," said Heyzer.
China is also expected to record moderate growth of 7.8 percent in 2013 to 8 percent. India is projected to recover somewhat lower than last year's growth of five per cent to 6.4 per cent in 2013.
"For oil and gas exporting countries in Central Asia and the North will continue to benefit from high global energy prices, while still growing steadily," said Heyzer.
In South and Southwest Asia, economic Afghanistan, Bangladesh, Bhutan, and Sri Lanka is projected to grow six percent or more in 2013. Strong private consumption will drive growth of 6.2 percent in the Philippines and Thailand at 5.3 percent and Vietnam are expected to rise in the second half of 2013 to 5.5 percent.
"But for the economic growth of the developing Pacific Islands in 2013 is expected to slow down due to the sharp decline in the energy sector in Papua New Guinea, which is the largest economic power in the Pacific Islands," said Heyzer. (Ant)
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