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Home >> Business
UPDATED: 14:54, July 09, 2005
Indonesia aims for 6.5 pct GDP growth in 2006
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The Indonesian House of Representatives' Budget Commission has agreed government-proposed 2006 draft budget which sets economic growth of up to 6.5 percent and a budget deficit of 0.7 percent of gross domestic product (GDP) .

In the draft budget, inflation rate is assumed at between 4.5 percent and 6.5 percent for next year and a rupiah range of between 9,000 and 9,400 to the US dollar, The Jakarta Post reported Saturday.

The country's oil production, meanwhile, is expected to reach between 1.075 and 1.125 million barrels per day, with the oil price assumption being in a range of between 40 US dollars and 45 US dollars a barrel.

Source: Xinhua


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