BI Predicts Consumption, Investment to be Drivers of Growth

Bank Indonesia has predicted domestic demand, boosted by strong consumption, and increased investment will be the drivers of the country`s economic growth this year.

In its report on economic prospects for 2012, received here on Wednesday, BI said there would be increased consumption in the household and the government sectors, while investments would continue to rise because of the favorable economic climate.

President Signs Regulation to Draw Up 2013 Work Plan

President Susilo Bambang Yudhoyono has signed a presidential regulation that will serve as a reference for ministries, non-ministerial government agencies and regional governments in drawing up their work plans for 2013.

The presidential regulation number 54/2012 will also serve as a basis for the government to draft the 2013 state budget...

Regional Government Roles Needed to Curb Inflation: BI

Bank Indonesia (BI - the central bank) Governor Darmin Nasution observed that the regional governments of provinces, districts and municipalities have played a crucial role in curbing inflation and maintaining price stability.

The BI governor made this remark at the commencement of the Third National Meeting of the Regional Inflation Control Team (TPID) here on Wednesday.

ASEAN, World Bank Collaborate to Strengthen AEC Monitoring

The Association of Southeast Asian Nations (ASEAN) Secretariat and the East Asia and Pacific Region of the World Bank signed an agreement for the World Bank to provide advisory services to ASEAN to strengthen its capacity to monitor progress towards achieving the ASEAN Economic Community (AEC). The cooperation called the AEC Monitoring and Evaluation Capacity Building Program (AECMEP)...

Indonesia Sends 1,966 Peacekeeping Personnel

Indonesia has sent as many as 1,966 personnel to join the UN peacekeeping forces, according to the chief of the Defence Forces` (TNI) Peacekeeping Mission Centre, Brigadier General Imam Edy Mulyono.

"The personnel are assigned to various countries, including Lebanon, South Sudan, and Haiti," he said at a seminar on "Indonesia as Rising Middle Power" here on Wednesday.

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