Jakarta: Jakarta Governor Anies Baswedan has predicted that the Indonesian capital city might record an economic growth of 6.3 percent in 2020.
"This year's target is 6.1 percent. 2020's target is 6.3 percent," the former education minister told the press on Wednesday.
Anies said the Jakarta provincial administration would take measures to reduce social and economic discrepancies. He added that tourism development could help the city to achieve sustainable growth.
"In order to reduce inequality, we are commited to achieve sustainable growth," the former Paramadina University rector noted.
Quoting a report from the central statistics agency (BPS), Indonesian economy grew by 5.17 percent in 2018. It was Indonesia's highest annual growth in five years.
Indonesian economy is measured by Gross Domestic Product (GDP) on the basis of the current price reaching Rp14,837.4 trillion and GDP per capita reaching Rp56 Million or US$3,927.
In terms of production, the highest growth was achieved by Other Service Business Fields at 8.99 percent. From expenditure side, the highest growth was achieved by the Non-Profit Institution Consumption Component Serving Households (PK-LNPRT) at 9.08 percent.
According to BPS, Indonesian economy grew by 5.18 percent in the fourth quarter of 2018. The growth was slightly stronger than earlier expectations.
In terms of production, growth was driven by all business fields, where the highest growth was achieved by Other Service Business Fields at 9.08 percent.
In terms of expenditure, growth was driven by all components, where the highest growth was achieved by the PK-LNPRT component of 10.79 percent.
In the meantime, Indonesia's poverty rate stood at 9.66 percent in September 2018. It decreased by 0.46 percentage point compared to September 2017.
The number of poor in Indonesia stood at 25.67 million people in September 2018. It decreased by 0.91 million people compared to September 2017.