Indonesia Economy Grows 4.73% In The Third Quarter
Economy Package Volume VI aim SEZ. Indonesian economy began to grow in the third quarter, increase of 4.73% yoy, higher than the previous quarter which is only 4.67%, but still lower than the market consensus of 4.8%. Yoy.
Such as market expectations, government consumption began to increase in the third quarter which grew 6.56%, while household consumption grew 4.96%.
However, this year certainly will not be able to achieve the growth targets set out in APBN-P 2015 that aimed 5.7%.
Darmin Nasution, the coordinating minister for the economy yesterday also agreed that the economy will be difficult to break the level of 5%, this is due to global factors that are still sluggish and the decline in commodity prices so that the volume of exports will grow still look low.
Yesterday the government announced again economic package volume VI targeting economic growth in the Special Economic Zone (SEZ).
The Government will provide income tax deductions (income tax) up to 100% for investors who have invested more than USD 1 trillion in Special Economic Zones. Other facilities are the exemption of value added tax and luxury sales tax (PPnBM) for imports and foreign property in SEZ
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