Wednesday, October 7 2015

Social Inequality Becomes Issue In South Sulawesi For Economic Growth

Hendri T. Asworo, Renat Sofie Andriani Wednesday, March 5 2014, 5:26 am

MAKASSAR – South Sulawesi economy should be able to grow by 8.4%-8.7% within the next four years in order to reduce the income inequality as well as pursue the revenue per capita of IDR30 million in 2018.Yet, the province is encountering a number of challenges, starting from the growth concentration made only in several areas, household consumption declining indication, and infrastructure.  Bank Indonesia Head of Representative for Sulawesi, Maluku, and Papua (Sulampua) Suhaedi conveyed the social inequality still becomes main issue for the province’s economy, although based on World Bank definition the province is classified into middle income regions.“With the revenue of IDR22.15 million or US$2,108.79 per capita, South Sulawesi is classified into middle income areas,” he said in the 2014 South Sulawesi Regional Economic Study Seminar, Tuesday (3/4).How ...

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