Lebaran influences no significant impact toward the macro economy growth said Darmin nasution, coordinating minister of economy. Though the high expenditures compared to the ordinary days. In addition, darmin said that the impact of lebaran expenditure will only be perceived in the third quarter. This is because the high rate of expenditure of lebaran took place since july. However, darmin affirmed optimism of higher growth in the second quarter than the first quarter which is 4.92 percent.
Meanwhile bambang brodjonegoro, economy and finance minister assures the higher growth in the second quarter around 5%, 0.8% better than the previous period. This is because of the parameter of government policies like infrastructure and deregulations to boost the haste of economy growth. The previous months government through home affair ministry decide to cut off thousands of local regulations that stay as obstacles for investment.
On the contrary, BI governor, is quite hesitant that the second quarter growth will touch the level of 5%. The main obstacle is the weakening of export rate caused by global economy situation. China for example which is the one of main export destination of the country under the prevailing crisis forcing that country to reduce the import quota.
Nevertheless, BI governor also believed the higher prospective growth of economy this second quarter affected by the high expenditure and the 13th salary for government employees. But this will be more evident in the third quarter rather than the second quarter.
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