9/01/2016

Jokowi Brings Indonesian Economy Growth into World's Top 3

Jokowi Brings Indonesian Economy Growth into World's Top 3President jokowi succeeds to bring economy growth of the country into the world's top three among which china and india are in the list. The economy growth of country in the first semester which reached 5.18% is categorized as the high growth in the midst of global economy slow down like in european union and USA, said sri mulyani in her work meeting in parliament. 

Finance minister, sri mulyani described that most of the world's powerful countries revise their projection of economy growth per three months. In fact
it still shows the slow down trend. So, they revise the projection 4 times a year. For instance , USA economy growth slows down from 2.4% and it decreased around 0.2% after three months.

The global economy slowdown that is transpiring affecting on commodity export and price stagnant. It is due to the low demand of market since most of the countries economy is apprehensive. Though the economy tendency in rich countries indicates positive trend but it's still too fragile. It will easily collapse after a slight turmoil. 

The overstock of commodity and stagnated price also tampers indonesia economy though it's still in the rate of 5.18% in the second quarter. Within the g20 countries, indonesia is still in the top 3, best economy growth. The main factor is the good household expenditure and government roles through policy on economy package including massive infrastructure. 
Concerning the taxes, most of world countries indicate the taxes does not support significantly. Most of countries experience deficit for instance japan which ha loan is two times bigger than Gross domestic  product and USA which is predicted to increase its loan up to 90% in 10 years projection.

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