Bali aims for 7.1 percent economic growth

Bali has set an economic growth target of 7.01 percent this year, up from 6.57 percent in 2012. Bali has continued to record a 6-percent growth rate over the past three years, I Ketut Teneng, chief spokesman for the provincial administration, said on Wednesday as quoted by Antara news agency.

Last year’s growth rate of 6.57 percent increased from 2011’s 6.36 percent. Teneng said service businesses had made a significant contribution of 14.62 percent to the island’s economic growth. In 2013, growth is expected to be driven by growing investments, including foreign and domestic investments, he said.

source : bali daily

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