Indonesia is currently experiencing economic downturn. exchange rate against the dollar has weakened. it adversely impact the viability of the investment of foreign investors in Indonesia.
Chamber of Indonesia Commerce and Industry (Kadin) declared Indonesian
economy that is actually very promising for both domestic and foreign
investors. However, there are still weaknesses seeing by Kadin of the economy
that need to be addressed. Vice Chairman of Kadin Indonesia, Novian Anindya
Bakrie said, promising Indonesian economy is evidenced by incoming investment,
private consumption, and vibrant business world.
"But there are still some weaknesses that Indonesia's economic
structure needs to be addressed now," said Anindya at Menara Kadin
Jakarta, Wednesday (06/03/2013).
Anindya see Indonesia's economic weakness is in the trade deficit. Currently due to larger imports than exports then it makes more Indonesian trade balance to be deficit. Moreover, the largest import of oil and gas.
On the other hand, Anindya also highlights subsidy of oil (BBM) to the people who actually are not even on target. Current budget fuel subsidy enjoyed by the rich instead.
Anindya see Indonesia's economic weakness is in the trade deficit. Currently due to larger imports than exports then it makes more Indonesian trade balance to be deficit. Moreover, the largest import of oil and gas.
On the other hand, Anindya also highlights subsidy of oil (BBM) to the people who actually are not even on target. Current budget fuel subsidy enjoyed by the rich instead.
"As the impact, the deficit and the high pressure gas imports that led
to the weakening of the rupiah," he added.
Again, the actual budget for infrastructure even neglected. He rated in the
last few months that there is no improvement of government policy so that a
problem cannot be resolved. Though foreign investors intending to invest in
Indonesia as it will look up the bureaucratic infrastructure. If not good, then
foreign investors will pull out of Indonesia.
reference: http://www.caramudahbelajarbahasainggris.net


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