The International Monetary Fund ( IMF) predicted that Indonesia's economy could grow by 6 percent this year.

Stephen Schwart, IMF chief of representative, said "We forecast the economy will grow at 6 percent in 2007."

The economy of the Southeast Asia biggest economy would be better this year compared to last year, he said.

Schwart said that the IMF praised the achievement of the Indonesia's economic team of the President Susilo Bambang Yudhoyono administration.

"They are successful in stabilizing the macroeconomic condition and they begin to improve it," he said.

Schwart predicted that Indonesia's economy could grow by 6.3 percent next year.

Indonesia's economy has been recovered after it was hit by the Asian financial crisis in 1997.

Source: Xinhua