Wednesday, January 7, 2009

The Indonesia Export Value of 2009 is decline


The growth of Indonesia export value is projected decline from 18 percent in 2008 to around 4.3 percent to 8 percent in 2009. This projection is issued as a responses to the global recession. Without the accuracy of the response, the export value will decline more sharply.

Minister of Trade Mari Elka Pangestu in Jakarta explains, export growth in 2009 was made based on the growth projections of world trade, the depreciation of Indonesia Rupiah, and the decline of commodity prices.  Without the right policy response, nonmigas export value will grow only 0.9 percent.

"Various efforts have been made and will do by goverment to keep pushing to export, such as, financing the trade, investment stimulation, market diversification, improvement of production, and strengthening the trade cooperation," said Mari. With the various efforts, the government had set up three scenarios of the growth export value in 2009.

Based on the most optimistic scenario, nonmigas export value is estimated to grow 8 percent. In the moderate scenario, projected growth of 6 percent. At the low scenario, growth of nonmigas export value around 4.3 percent. The government will still continue to review the projection that by considering the development of international markets.

At the World Economic Outlook, the International Monetary Fund (IMF) projects the growth of world trade volume will decline from 4.6 percent in 2008 to be 2.1 percent in 2009.

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