1) Extension of Concentrate Export Permit Affects Papua`s Growth
TEMPO.CO, Jayapura - Head of Bank Indonesia (BI) of Jayapura chapter Joko Supratikto said the extension of concentrate export permit for PT Freeport Indonesia (PTFI) that has not been finished will impact economic growth in Papua because mining sector remains the dominant sector in the province.
"Papua’s economic growth very much depends on mining. In 2016, the growth was 9.21 percent and most of it was because of the mining sector, which grew by 13.15 percent. So it will give an impact,” Joko said in Jayapura on Saturday.
Joko added that Papua’s economic growth can be less dependent on mining provided that is a significant growth from several commodity sectors such as fishing and agricultural sector especially rice commodity.
However, he said it still takes a long time and mining sector will still dominate Papua’s economic growth in the next few years.
"We predict that Papua’s economy will grow by 8 to 9 percent but it is still supported by the mining sector,” he added.
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