tempointeractive, 7 December 2009
Economists began to cast their warning over the possible negative impacts of domestic political turmoil on the economic projections next year as the anti-corruption protests which also target President Susilo Bambang have not shown signs of receeding.
Mirza Adityaswara head of the Economist of Bank Indonesia said on Monday (7/12) political situations in the country pose about 60 percent of influences on the economy, and predicted that first quarter growth will slip down to around 4 percent if the political stuations remain.
Mirza also said that credit growth is expected around 10 percent at the end of the year of the 15 percent target, and will grow to arund 15 percent next year of the projected 20 – 25 percent.
Another analyst with brokerage firm Samuel Sekuritas Indonesia, Lana Soelistiangningsih said President Yudhoyono's statement on a political plot against his government will throw the market into anxiety. “This could swerve the market sentiment from neutral to anxious. The statements have confirm a possiblie fragile political situation.”
Source: tempointeractive
Economists began to cast their warning over the possible negative impacts of domestic political turmoil on the economic projections next year as the anti-corruption protests which also target President Susilo Bambang have not shown signs of receeding.
Mirza Adityaswara head of the Economist of Bank Indonesia said on Monday (7/12) political situations in the country pose about 60 percent of influences on the economy, and predicted that first quarter growth will slip down to around 4 percent if the political stuations remain.
Mirza also said that credit growth is expected around 10 percent at the end of the year of the 15 percent target, and will grow to arund 15 percent next year of the projected 20 – 25 percent.
Another analyst with brokerage firm Samuel Sekuritas Indonesia, Lana Soelistiangningsih said President Yudhoyono's statement on a political plot against his government will throw the market into anxiety. “This could swerve the market sentiment from neutral to anxious. The statements have confirm a possiblie fragile political situation.”
Source: tempointeractive
