Commodity Exports to be Boosted - Report

Indonesia will boost exports of plantation and mining commodities to ensure stable economic growth should soaring crude oil prices prompt a global economic slowdown, according to a report in Bisnis Indonesia Thursday (25/10/07).

Exports related to mining and plantation industries would act as a "trump card" for Indonesia in the event of a global economic slowdown, the business daily quoted Coordinating Minister for Economic Affairs Boediono as saying.

"When the global economy is slowing down, demand for exports will be affected. We will evaluate which exports are still going strong (in such an event)... In my opinion, we still have many strong export commodities, such as oil palm, rubber and mining products," Boediono said.
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