Indonesia Has Potential to Join Top Five Global Economic Powers

Coordinating Minister for Economic Affairs Hatta Rajasa said resource-rich Indonesia with a population of 240 million has great potential to become a new global economic power.

“We have great potential to emerge as a new global economic power,” he said on the sidelines of a panel discussion held by the Indonesian Muslim Intellectuals Association (ICMI) here on Sunday.

The panel discussion was part of the ICMI`s 5th congress held at the IPB International Convention Center (IICC) here on Dec 4-7.

Hatta said the great potential could boost the national economy. “The national economy has been performing well all the time. In 2010, it is expected to grow by an average of 7.0 percent.”

The average growth of 7.0 percent this year outstripped the government-set target of 6.8 percent, he said.

Given the higher-than-expected average growth this year, he expressed optimism that Indonesia would soon emerge as a new global economic power.

“Looking ahead, we will become the world`s five biggest economic powers,” said Hatta who is also chairman of the National Mandate Party (PAN).
“We are optimistic that the national economic growth will continue to increase every year. Even foreign observers have predicted that Indonesia will soon become main part of the global economic powers,” he said. (Antara)