In the 2018 State Budget (APBN), the Indonesian government targeted economic growth of 5.4% in 2018. This figure is higher than the achievement up to the third quarter of 5.06% and the 2017 outlook of 5.2%. To achieve this target, the government allocated Rp 2,220.66 trillion for central government spending and transfers to regions and village funds.
Several sectors, such as information and communication, financial and insurance services, and transportation and warehousing, are predicted to grow well above national economic growth. The expansion of data and communication networks and the growth of the digital economy will drive the information and communication sector.
Meanwhile, increasing activity in the financial market and the penetration of inclusive financial services utilizing financial technology (fintech) innovations will drive the growth of the financial and insurance sector. Similarly, the increasing efficiency of logistics services (dwelling time) and the increasing number of transportation users will drive the growth of the transportation and warehousing sector. However, the mining and agricultural sectors are lagging behind.
(Read Databoks: Indonesia One of the Highest Contributors to Global Growth 2017-2019)