BI Rate Could Take Up to 7-7,5%

Until the end of 2009, BI rate can be predicted until the level of 7 to 7.5% in the middle of a decrease in inflation due to a decrease in various commodity prices and oil prices. 

This is said by the head of Danareksa Research Purbaya Yudhi sadewa in the event one day seminar "Economic Outlook Banking & Property: In the Middle Heavy Global Financial Crisis" at Menara BTN, Jakarta, Wednesday (14/1/2009). 

"At present we do not need to fear inflation because the price of fuel is down, food down, a lot of rice, so this year's inflation can be 6% or slightly lower," he said. 

The government in 2009 estimated the rate of inflation will be down 6.2% from 11.06% inflation in 2008. Meanwhile, Bank Indonesia's inflation rate is estimated at 6 plus minus 1% in 2009. 

"Theoretically with inflation such BI Rate can go down to 7-7,5% level. If they (BI) BI Rate can dare 7% if they do not dare to be 7.5%," he said. 

In addition, for economic growth in 2009 is still able to reach 5% or are in the government's target range of 4,5-5%. 

"If the stimulus can be run well and the interest rate can be pressed to lower the 5% economic growth is not something difficult to achieve. So it is good both for the economic impact," his him.