2 Factors inhibiting Economic Growth of RI in the First Quarter of 2018

According to Coordinating Minister Darmin, Indonesia's Economy Only Grow Stagnant in the First Quarter

Economic Growth So far this time still get special attention from the manager of government resources. Darmin Nasution as Coordinating Minister for Economic Affairs has also predicted that the economic growth that will occur in the first quarter of 2018 will not be able to exceed the economic growth that occurred in the first quarter of last year.

From January to March 2017, economic growth in Indonesia was only 5.01 percent. "For the I-quarter can not be higher than last year. Yes it is good if it is the same "as that is roughly the phrase from Darmin when interviewed on this date of March 19, 2018 in his office, Jakarta.

When asked further, Darmin has given a phrase about the cause of the growth of the RI Economy which has no significant difference this far. This problem is due to the decline of the harvest season in April, so this event will have a major impact on economic growth in the second quarter of 2018.

"If you see agriculture is harvest moving a little more forward. So last year it was actually back to March, April, May with its peak even last year March with April was the same peak "explanation given by the former Governor of Bank Indonesia (BI) is.

In addition, Darmin also gave an additional statement that "This year seems to be the peak of April, so it's possible that the farm will be slower because its harvest is just the peak of April peak. This means that in the second quarter is not the first quarter. "

Not only the problem of decline in the harvest season alone which causes economic growth in Indonesia was moving stagnant in the first quarter of this year. Another inhibiting factor is the credit sector that has not recovered to date.

"Then another possible indicator that can be seen is credit. Credit growth has not recovered. So maybe, I do not know what kind of retail like that "like that said Darmin in the next information about the growth of Indonesian Economy in the first quarter of 2018.