Consequently, it should not be completely unexpected that many of its passengers are shocked by the new found acceleration. Allow me to briefly present several salient economic achievements up to the end of 2007. Regarding economic growth, for the first time since the Asian Economic Crisis, economic growth in Indonesia has surpassed 6% annually, reaching 6.3% in 2007.
The growth is characterized by a balance between demand and supply, as reflected by the resilience of consumption expenditure followed by favorable growth in investment. The realization of Gross Fixed Capital Formation (GFCF) through 2007 increased by 8.37%, while private investment grew 7.18% from last year’s level.