Back on the Expansion Path
Tuesday, September 1, 2009
Purbaya Yudhi Sadewa*
THE Indonesian economy grew 4 percent in the second quarter of the year, driven primarily by household (4.8 percent) and government spending (17 percent). As forecast, exports fell 15.7 percent while investment grew 2.7 percent.
Transportation and communication are the sectors which grew most rapidly (17.5 percent), followed by electricity, gas and water (15.4 percent). The impact of global recession was reflected in the
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