Investor Presentaiton
Economic Performance
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Global credits have got off strong start since early 2012 buoyed by the
news of a deal in the US Congress to avoid the fiscal cliff supported by
manufacturing data from some Asian countries.
IMF World
GDP (%)
Economic
Actual
Projected
•
•
.
.
Global investors are keen to increase their exposure to the world's fastest
growing economies, especially in the emerging Asia
Indonesia economy slowed for the 4th consecutive quarter to 5.81% yoy
in 2Q-2013 down from 6.02% yoy recorded in the 1Q-2013 as
government spending is not enough to offset the slowing private sector
consumption and investment.
The growth rate is mainly driven by 11.5% expansion in transport and
communication sector, 8.07% in financial and real estate, 6.88% in
construction, 6.6% in electricity, gas and water and 6.5% in trade, hotel
and restaurants and 5.9% in manufacturing.
Foreign reserve decreased to $98 billion by June 2013 from $112.8 billion
at the end of 2012.
The exchange rate of IDR against USD keeps depreciating from IDR8,991
(2010) to IDR8,768 (2011), IDR9,638 (2012) and further down to
IDR9,929 by June 2013 and IDR 11,461 by end of September 2013
The Central Bank increased BI rate to 7.25% in September 2013 after
having raised it by 50bps in August. The central bank attempts to stabilize
the currency, control the inflation rate and the current account.
Source IMF World Economic Outlook, July 2013
Outlook
2012 ||2013
2014
Asia
6.5
6.9
7.0
Japan
1.9
2.0
1.2
China
7.8
7.8
7.7
India
3.2
5.6
6.3
ASEAN-5
6.1
5.6
5.7
United
2.2
1.7
2.7
States
Euro Area
-0.6
-0.6
0.9
Russia
3.4
2.5
3.3
Latin
America
3.0
3.0
3.4
APEI
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