medcom.id, Jakarta: Finance Minister Sri Mulyani Indrawati believes economic growth in fourth quarter will reach above five percent.
"The economy will be more expansive in fourth quarter," said Sri Mulyani during a press conference in Jakarta on Thursday (11/10) night.
"I believe we can reach above five percent. Around 5.0-5.1 percent," she continued.
Sri mentioned government spending will reach Rp600.6 trillion this quarter. Meanwhile, government revenue will reach Rp486.1 trillion.
"Budget deficit will be around 2.7 percent," she stated.
Previously, the Central Statistics Agency (BPS) recorded economic growth reached 5.02 percent in third quarter and 5.04 percent in January-September.
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