QUARTERLY ANALYSIS: The Progress of Monetary, Banking and Payment System Quarter IV – 2010

Abstract

The economy of Indonesia in 2010 showed a quite high growth acceleration in the middle of the imbalance of global economic recovery. The domestic economy is forecasted to grow 6.1% in the fourth quarter of 2010 that in general, the national economy in 2010 grow about 6%. For 2011 and 2012, Bank Indonesia is optimistic that the recovery of domestic economy will be stronger, supported by the increased domestic demand with a better investment performance. The Indonesian economy in 2011 is forecasted to grow up to 6.0 to 6.5% and in 2012 is predicted to become 6.1 to 6.6%.