Newsgroups: bit.listserv.seasia-l
Date:         Tue, 17 Nov 1992 22:12:07 EST
From:         mrubyono@SUVM.SYR.EDU
Subject:      INA: 1-NAM & 2-Economic growth

* Message-Id:   <921117113416.202020a1@MARY.FORDHAM.EDU>
* Newsgroups:   bit.listserv.pbdlist
* Date:         Tue, 17 Nov 1992 11:34:16 -0500
* Reply-To: Indonesian Development Studies <PBDLIST@SUVM.SYR.EDU>
* Sender: Indonesian Development Studies <PBDLIST@SUVM.SYR.EDU>
* From: KOWIK@MARY.FORDHAM.EDU
* Subject:      IN: PRESIDENT CALLS ON NAM

FROM : BLOOMBERG
EOS          (XIN) NOV/17/92    08:13 AM

BBN 08:29 AM (XIN)-INDONESIAN PRESIDENT CALLS ON NAM COUNTRIES TO
                   UNITE

JAKARTA (NOV. 17) XINHUA - PRESIDENT SOEHARTO TODAY CALLED ON THE
NON-ALIGNED MOVEMENT (NAM) COUNTRIES TO UNITE AND STRENGTHEN
COOPERATION ON VARIOUS FIELDS SO AS TO DEAL WITH CHALLENGES AND
OPPORTUNITIES CAUSED BY NEW CHANGES IN THE WORLD SITUATION.

     PRESIDENT SOEHARTO MADE THE CALL TODAY AFTER RECEIVING
CREDENTIALS FROM NEW SUDANESE AMBASSADOR AT THE MERDEKA PALACE.

     THE INDONESIAN HEAD OF STATE, WHO IS ALSO NAM CHAIRMAN, SAID
THAT THE CURRENT WORLD SITUATION HAS UNDERGONE RAPID AND PROFOUND
CHANGES, WHICH HAVE BROUGHT BOTH NEW HOPES AND NEW CHALLENGES, AND
PROBLEMS ON POLITICAL, ECONOMIC, SOCIAL AND CUL FIELDS.

     INDONESIA, WHO BECAME NAM CHAIRMAN AT THE 10TH SUMMIT IN
SEPTEMBER, SAID DEVELOPMENT OF FRIENDLY AND COOPERATIVE RELATIONS
BETWEEN COUNTRIES IS VERY NECESSARY TO EACH COUNTRY'S CONSTRUCTION.

-0- (XIN) NOV/17/92   8:13

... C.A. KOWIK
... KOWIK@MARY.FORDHAM.EDU

------------------

* Message-Id:   <921117113104.202020a1@MARY.FORDHAM.EDU>
* Newsgroups:   bit.listserv.pbdlist
* Date:         Tue, 17 Nov 1992 11:31:04 -0500
* Reply-To: Indonesian Development Studies <PBDLIST@SUVM.SYR.EDU>
* Sender: Indonesian Development Studies <PBDLIST@SUVM.SYR.EDU>
* From: KOWIK@MARY.FORDHAM.EDU
* Subject:      IN: ECONOMIC GROWTH

FROM : BLOOMBERG
EOS          (XIN) NOV/17/92        09:30 AM

BBN 09:40 AM (XIN)-INDONESIA'S ECONOMIC GROWTH RATE IN 1992 SLOWS
                   DOWN

     JAKARTA (NOV. 17) XINHUA - INDONESIA'S ECONOMIC GROWTH RATE
IN 1992 HAS SHOWN SIGNS OF DECLINE, STATE MINISTER OF NATIONAL
DEVELOPMENT PLANNING SALEH AFIF SAID ME TODAY.

     THE MINISTER MADE THE ESTIMATION AT A WORKING MEETING WITH
THE BUDGET COMMITTEE OF THE HOUSE OF REPRESENTATIVES (DPR).

     INDONESIA'S ECONOMIC GROWTH RATES IN 1989 AND 1990 SURPASSED
7 PERCENT. THE GOVERNMENT IN 1991 PRACTICED TIGHTENING POLICIES
TO COOL DOWN THE OVERHEATED ECONOMY AND A LONG DROUGHT THAT YEAR
ALSO CAUSED A SHORTFALL IN PADDY PRODUCTION.  AS A RESULT, THE
ECONOMIC GROWTH RATE IN 1991 DECLINED TO 6.6 PERCENT.

     SALEH SAID IT IS STILL TOO EARLY TO MAKE OUT EXACT ECONOMIC
GROWTH RATE OF 1992 AS THE YEAR IS NOT ENDED YET.  HOWEVER, HE
ESTIMATED THE GROWTH RATE OF 1992 WILL BE LOWER THAN THOSE OF
1989 AND 1990.

     THE NATIONAL DEVELOPMENT PLANNING BOARD OF INDONESIA
ESTIMATED THAT THERE IS A BRIGHT OF GROWTH IN THE AGRICULTURAL
AND GRAIN SECTORS THIS YEAR.  AND PADDY YIELD WILL PROBABLY
INCREASE BY THE GROWTH SPEED OF NON-OIL/GAS, ESPECIALLY
INDUSTRIAL COMMODITY EXPORTS WILL RISE UP.  THE EXPORT VOLUME OF
NON-OIL/GAS PRODUCT IN AUGUST THIS YEAR HAD FOR THE FIRST TIME
SURMOUNTED 2,000 MILLION U.S. DOLLARS.

     SALEH SAID INDONESIA IN 1993 WILL CONTINUE TO IMPLEMENT
CAREFUL FINANCIAL AND MONETARY POLICIES AND DEREGULATION POLICY
SO AS TO STIMULATE EXPORTS AND ATTRACT FOREIGN INVESTMENTS.

     HE ESTIMATED THAT INDONESIA IN 1993 WILL MAINTAIN
COMPARATIVELY BIG ECONOMIC GROWTH RATE.

-0- (BBN) NOV/17/92      9:40 AM

... C.A. KOWIK
... KOWIK@MARY.FORDHAM.EDU
Comments: Gated by NETNEWS@AUVM.AMERICAN.EDU