And it is a good thing too. He used to be, I think, very conservative. All he always talked about was macroeconomic stability. His mantra was low inflation and balanced budget. Only recently he starts putting more attention to unemployment, Indonesia’s most depressing economic problem.
Jakarta Post reports:
The government sees economic growth of 6.8 percent in 2008, with inflation between 5.6 and 6 percent, the coordinating minister for the economy [Boediono] said Monday…Boediono said the economy has improved since the second and third quarters of last year, and the government had put into place policies to further push the economy.
With more relaxed monetary policies, effective fiscal management and an improved investment climate, he said the growth target could be achieved.
“We have to be optimistic. There’s no reason to be pessimistic,” he said.