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we are getting better

Farah Fitriani Faruq
Farah Fitriani Faruq
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we are getting better
People usually don't believe when i say Indonesian's economic condition is getting better. well, believe it or not, it is. articles from foreign news websites will make you believe. check it out! Bloomberg Indonesia’s economy grew last year at the fastest pace since before the Asian financial crisis as rising investment and domestic spending countered a slowdown in export demand due to Europe’s debt crisis. Gross domestic product rose 6.46 percent in 2011, the statistics bureau said in Jakarta today, after a revised 6.2 percent gain the previous year. The median of 15 estimates in a Bloomberg News survey was for a 6.44 percent increase. The economy expanded 6.49 percent last quarter from a year earlier. Beyond Brics The promise of growth in a country with just 67m people fewer than the US has kept Indonesia’s markets strong. Last year, the MSCI Indonesia index beat the regional MSCI index by 26 per cent and the debt market got a boost from Indonesia’s recent elevation to investment grade. BBC News Indonesia's economy grew at its fastest pace in 15 years in 2011 boosted by increased investment and growing domestic demand. Southeast Asia's largest economy expanded by 6.5% in 2011, the highest rate since 1996. Indonesia also regained its investment grade status last year as total domestic and foreign investment rose by almost 20% to $28bn (£18bn). Analysts said growth was likely to remain strong going forward. of course, i have to admit that Indonesia still has a lot of problems to deal with if it's going to be a developed country. but a good economic condition is a great start, isn't it? :)

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