REPUBLIKA.CO.ID, JAKARTA - Managing Director of World Bank, Sri Mulyani Indrawati, assessed that Indonesian economy could hold up amid the global economic crisis. Indonesia economy could grow in six percent, she said.
"Generally the stability of banking and financial systems is maintained. The economic growth can at least maintain the sufficient growth rate," Sri Mulyani said after meeting the Minister of Finance, Agus Martowardojo, last Friday.
The sustainable consumption and investment sectors can become the main factor to boost the economic growth in 2012. Yet, she said Indonesia must be aware of the declining price and volume of international commodity as it contributed to the declining of export growth recently.
She explained that the global environment was not as strong as two years ago. The condition can affect the world economy and developing countries. "Prepare to face the crisis is the priority for countries like Indonesia. It is also important to boost the reformation and investment to support the medium-term growth," Mulyani said.
Also, the financial crisis can affect the market trust and slow down the global economic growth. "It also affects the confidence," she said.