- VivaNews/ Nur Farida
VIVAnews - Bank Indonesia (BI) decided to maintain the benchmark BI Rate at 6.75 percent.
"Board of BI Governors' meeting agreed to retain the BI Rate at 6.75 percent to control inflation rate resulted from volatile food," said BI Governor Darmin Nasution on Tuesday.
BI figured that Indonesia's economic growth this year will hit between 6 and 6.5 percent.
"The economy will grow, especially on transportation, telecommunication, services, restaurant and construction," said Darmin.
However, BI also estimated that the improving global economy will be hampered by debt crisis in a number of countries as well as Japan earthquake and tsunami effect.
Fluctuating global food and commodities' prices are expected to put pressures on inflation.
Between January and March, the government can still control inflation mainly on volatile food.
On banking sector, BI also viewed that credit growth also advances as last year it recorded 25.1 percent of increase compared to the same period of 2010.
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