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Beach cleanup at Jerman Beach
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Thursday, December 15, 2011
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16 Pages Number 254 3rd Year
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First Lady Ani Yudhoyono looking at Balinese woven product during the fair trade in Bali Island recently. Revenue of the economic growth of Bali in 2012 is feared to decline from the one in 2011 estimated at 6.36 percent. Bank Indonesia Denpasar recorded that until the third quarter of this year, the Bali’s economy grew in the range of 6.54 percent or above the national economic growth reaching 6.5 percent.
Linds Lohan Lindsay back tto court for probation update PAGE 12
FOTO ANTARA/Ade P Marboen
Economic growth of Bali in 2012 threatened to decline Bali Post
DENPASAR - Achievement of the economic growth of Bali in 2012 is feared to decline from the achievement in 2011 estimated at 6.36 percent. Bank Indonesia Denpasar recorded that until the third quarter of this year, the Bali’s economy grew in the range of 6.54 percent or above the national economic growth reaching 6.5 percent.
WEATHER FORECAST CITY
TEMPERATURE OC
DENPASAR
24 - 33
JAKARTA
23 - 33
BANDUNG
22 - 31
YOGYAKARTA
23 - 32
SURABAYA
26 - 34
It was revealed by the Indonesia Central Bank (BI) Denpasar office head, Jeffrey Kairupan, in Denpasar, Tuesday (Dec 13). Bali’s economy in 2012 would be lower than this year. This condition was inseparable from the pressure of the global financial crisis impact that would be very apparent in the upcoming year.
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our steps continuously,” he said. He said that in the current era of globalization, every formulation and implementation of economic policy would definitely deal with the necessity of certainty and uncertainty. The certain thing was that any open economy like Indonesia would face external shocks which were not
Continued on page 6
RI’s government to build 120 industries to support MP3EI Antara
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“Changes in the constellation of global economy since the last widespread and profound world crisis have given rise to many new and increasingly complex challenges in the management of macroeconomic stability. External shocks and uncertainty look like a constant dimension that follows
always of the same and congruent type. “Meanwhile, the uncertain is about when the external shock will occur, how much and how it will look like,” he said. Although the economic growth of Bali in 2012 would be lower than this year, in general Jeffrey Kairupan said that Bali remained very optimistic to meet the next year. “It is not an easy year for Bali. Pressures against the export of Bali will be even greater and have been felt since the end of this year,” he concluded.
JAKARTA - Industry Minister MS Hidayat said the government would build around 120 industries in 2012 to support the implementation of Indonesia`s Economic Development Acceleration and Expansion Master Plan (MP3EI), especially in Java. “In the Java corridor, the focus
will be on toll road and industrial center development. All programs are downstream and I myself will lead development in the second corridor of Java. More than 120 industries are ready for groundbreaking in 2012,” he said. Investment meanwhile was estimated to be higher than initially predicted and the government had admitted the rise in the need for
investment for the development of the six economic corridors. “Indeed it is higher than initially predicted, far higher,” the chief of the Task Force for the Java Corridor of the MP3EI, Dedy Priatna said not long ago. Dedi said investment in the Java corridor would be needed for the development of food and beverage industries, motor vehicle and car in-
dustries and ship building industries. In connection with that he would reconfirm and ask again the commitment of businesses or private sectors with regard to seek clear information about their investment. Infrastructure development projects in the 2012 MP3EI would cost Rp350.1 trillion and ground breaking would be done on 73 of them. Continued on page 6