The economic development in Bali for the next 2010 hopefully will raise as for the well development of world’s economy also with the rising tourism activity in this Island of God.

“That thing is together with the Third Quarter in 2009 where economy in Bali raise for about 4.15 percents and wish that it will rise into 5 till 6 percents in the IV Quarter this year,” said the Highest Leader of Bank Indonesia in Denpasar Jeffrey Kairupan in a BI Respondent Meeting on Wednesday.

According to Jeffrey, the quite high inflation happened reflected the high economic activity in Bali. Banking performance in the third quarter in 2009 also rose where the banking asset yearly growth in number of 19.14 percent compared with 16.9 percent in the last quarter.

The improvement of economic condition in Bali also confirmed but in field survey by BI Denpasar to several economy sectors together with the business world. Survey conducted by BI was business world survey – survey dunia usaha SKDU – and consumer survey.

According to Jeffrey, business world performance in the III quarter raise quite significant net weight balance of this business before reach 8.93 percent and raise into 38. 31percent.

That’s why, he said, the comprehensive, reliable, accurate, timely, and accessible (CRATA) data from the respondent become one of BI supporter in formulated its monetary policy to reach and maintain the value of Rupiah stability is extremely crucial. “Since it will give an ease for public society to arrange their expense and acceptance, including within it is the businessmen in arrange their operational data,” said Jeffrey as been quoted from Antara.

While the data from Badan Pusat Stastik (BPS) – Statistic Central Department – as quoted from kompas.com mentioned that in the III quarter 2009, Indonesia economic development raise for 4.2 percent. That growth is supported by household consumption which is raise for about 4.75 percent YoY – year on year – Besides, it also supported by government expense that though it development decrease if compared with the latest quarter still reach two digits number that is 10.20 percent.

Meanwhile, investment development rate has raise compared with the previous quarter. That was 2.6 percent in II quarter become 3.95 percent in III quarter. Finally the investment rose along the II quarter in 2009 which was supported by the slower interest rate and the increase of domestic demand.

In the third quarter of 2009, it examined from the quarter growth, export and import starting from the II quarter in 2009 was rising. The increasing of export and import development rate is accompanied with the better condition of domestic and global economic which in the end made commodity demand activity from inside as well as outside the country raise.

News by NusaBali