REPUBLIKA.CO.ID, JAKARTA - Bank Indonesia is optimistic that current account will improve in second half of 2013. Improvement will be driven by economic recovery at global level which supports performance of national exports.

"BI focuses on adjusting current account in order to be more sustainable," Deputy Governor of BI, Perry Warjiyo said on Monday night.

Current account deficit in second quarter of 2013 increased to 9.8 billion USD or 4.4 percent of gross domestic product (GDP), due to declining export. While current account deficit in the first quarter of 2013 was only 2.6 percent of GDP. Exports decreased four percent worth 45.6 billion USD in the first quarter of 2012. Imports are also expected to decline.

Balance of payment improvement in second quarter of 2013 is derived from increased inflows of foreign direct investment (FDI). BI predicts the current account deficit in third quarter will fall to 2.7 percent of GDP.

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