The Indonesian government and parliament on Monday agreed to rise the forecast of economic growth next year to 5.8% from the initial target of 5.6% with lower state budget deficit, lawmaker said. They also scaled down the forecast of the deficit to 2.21% of GDP in 2015 from the initial forecast of 2.32$, according to Ahmadi N. Supit, chairman of the House of Representative’s Budget Committee, Xinhua reported. Both government and parliament agreed to cut inflation forecast to 4.4% from 4.6%, he said at the parliament. Indonesia’s economy is expected to expand at 5.2-5.3% this year, after growing by 5.78% last year, 6.2% in 2012, 6.5% in 2011 and 6.2% in 2010.
