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Wednesday, November 27, 2013

President : Rhetoric Will not Change Indonesian Economy



President : Rhetoric Will not Change Indonesian Economy

President Susilo Bambang Yudhoyono expects the leaders of political parties to present real strategies and policies in the debate and discussion than economic rhetoric , because rhetoric is not going to change the economy of Indonesia .

Hope the President delivered in the presence of leaders of political parties who will give his economic outlook in the event Kompas100 CE0 Forum in Jakarta on Wednesday .

" I berharapa , current issues can be discussed properly , not too much rhetoric , because rhetoric can not change our economy , what is needed is a matter of policy , strategy and real action , " said the President officially opened the event.

The event brought together economists , businessmen , politicians and government officials are also invited 12 leaders of political parties to present his views in the economy . The officials who will present his view of which the Minister of Finance and M Chatib Basri Agus Martowardojo Governor of Bank Indonesia .

The President said the current economy in the world and Indonesia is still under pressure . Although the current Indonesian economy is still pretty good , but still felt the pressure .

Moreover , Yudhoyono said , the possibility that ekpansif reduction of monetary stimulus , quantitative easing ( tapering off ) , from the Federal Reserve ( the U.S. central bank ) .

According to the President , the impact will likely be felt directly within rupiah weakened if the policy is enforced . For that he hoped , economic conditions continue to be observed and preparing policies and strategies to manage these pressures .

BNI president director Gatot Suwondo in the speech of the event said , the advantage of Indonesia's large population , also has the potential to become a problem later on if not managed properly .

" Demographics and the middle class is supporting the economy . However keep in mind the potential pitfalls middle class , " he said .

Meanwhile , the CEO of Compass Court Adi Prasetyo said , the politicians who will compete in the general election and presidential elections to be able to show its attention on increasing the welfare of the people

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