2.2 Economic Condition
Economic growth of the Indonesia has remarkably started in 1968 by the government policy of President Suharto and developed by the Five-Year Plan(Repelita) since its starting year of 1969 as Repelita I.
Development of economic growth up to the present situation is recorded and summarized by the Five-Year Plan from Repelita I to Repelita VI and main contents of each Repelita are described below.
・REPELITA I (1969 - 1973)
Main Policy : Stability of National
Target Plan :
- Yearly Production Growth Rate by 5 % (Actual Rate by 8.4 %)
- Food Production Increase
- Textile Production, Infrastructure, Agriculture
- Inflation Control
・REPELITA II (1974 - 1979)
Main Policy : Balancing of Economic Development
Target Plan :
- Yearly Production Growth Rate by 7.5 % (Actual Rate by 7.2%)
- Commodity Supply and Infrastructure
- Social Benefit and Balancing
- Reinforcement of Employment
- Industry Development
・REPELITA III (1979 - 1984)
Main Policy : Economic Development and its Distribution
Target Plan :
- Yearly Production Growth Rate by 6.5 % (Actual Rate by 6.1%)
- Economic Development
- Social Stability
- Export of Non-Oil/Migass
- Development of Small-Scale-Industry
- Private Investment
・REPELITA IV (1984 - 1989)
Main Policy : Economic Structure Reinforcement
Target Plan :
- Yearly Production Growth Rate by 5 % (Actual Rate by 4%)
- Improvement of National Status
- Improvement of National Benefit