Wednesday, 10 December 2008

Trade Minister foresees tough times for exporters

Trade Minister Mari Pangestu said that exports were set to fall next year due to weak global economic growth, but predicted that a recovery could occur in the second half of the year.
“The first half of 2009 will be the most difficult period,” she said, adding that she was unable to estimate as yet how big the drop would be. She said exports would decline as demand for Indonesian’s commodities and manufactured goods fell in the country main’s main trading partners, particularly in the US.

Source: JakartaGlobe, Fri 5 Dec, section B.

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