Sulawesi Economic Grow 7 Percent

Sulawesi Economic Grow 7 Percent

CELEBES TIME, Sulawesi Economic Grow 7 Percent -- BI Rate has not fully recovered and recognized national economic conditions will not have much effect on economic growth in the province. This area of the economy remains unpredictable even able to grow 7.5-8 percent by early 2014 .
  
Head of Representative Office ( KPW ) BI Region I Sulampua , Suhaedi said BI Rate hike impact on interest rates in the province are not too big .
  
" Data BI Rate increase since last May until now showed a rate hike demand deposits, savings deposits, time deposits , and loans are relatively small . Not up 0.1 percent . This does not exert significant influence on the economy of South Sulawesi , "explained the man who previously served as Head of BI KPW North Sulawesi when found after Indonesia Saving Movement activities in the BI office , Saturday, November 16 .
  
Costs jumped sharply as feared , according Suhaedi not happen . From this fact , Suhaedi any income that the pace of economic growth in South Sulawesi with existing credit costs , remain within reasonable limits .
  
" Dynamics in South Sulawesi exceptional , growth remains high . BI does not give a great influence on the world of business here , " Suhaedi straightforward .
  
However, the Deputy Governor of BI , Hendar who met in the same place said that the entire area is expected to continue to prioritize economic stability as the focus of the performance of BI and the government.

" It is necessary , especially to face the conditions that had current account deficits . Value of the current account deficit of 3.4 percent . We want to lower it . Next year let's say only 2.4 per cent or 2.5 per cent , "said Hendar .
  
How to reach it , go Hendar by controlling aggregate demand , especially in relation to reducing imports . Participation of all stakeholders is needed in this regard .
  
" It certainly can not be done alone by the central bank , but with other agencies in the government , " said Hendar .
  
From the way it was , continued Hendar , then the economy will still grow in South Sulawesi, on an ongoing basis . Until stability is still achieved .
  
" Why is this important ? Because we are also facing an uncertain global economy . The issue remains a concern tapering off market . So we remain focused on BI and also agreed , that it puts the stability as a priority for this year . This was expected to be a major concern of friends in the area , "said Hendar .
  
Reflecting current credit conditions , the expected credit growth is not too big , just in the range of 19 percent .
  
" BI is indeed an impact . But we need for a system to remain sustainable economic growth . At least there is sustainable growth next year in the range of 5.8 percent to 6.2 percent . Enough at the end of this year 5.7 percent , it's a