Jokowi Reads Financial Note for 2018 State Budget Draft

Desi Angriani    •    16 Agustus 2017 18:36 WIB
president joko widodo
Jokowi Reads Financial Note for 2018 State Budget Draft
President Joko Widodo (Photo: Antara/Agung Rajasa), Jakarta: President Joko "Jokowi" Widodo read the financial note for the 2018 state budget draft during the annual state address at the Parliament Building Complex in Senayan, Central Jakarta on Wednesday, August 16, 2017.

The economic growth target was set at 5.4 percent. Meanwhile, the inflation target was set at 3.5 percent.

The oil and gas price target was set at 48 US dollar per barrel. On the other hand, the oil and gas production target was set at two million barrels per day.

"The economic development will focus on Maluku, Papua, Kalimantan, Sulawesi, Bali and Nusa Tenggara," Jokowi said.

"The economic equality will depend on infrasructure development, connectivity development and energy availability," he added.

Almost all lawmakers attended the annual state address. A number of high ranking government officials joined the annual ceremony.