TEMPO.CO, Jakarta - Finance Minister Bambang Brodjonegoro hoped that the Great Britain will not leave the European Union (EU). "It will be too hard if Britain [leaves] the EU. And it will be hard for the EU without Britain," Bambang said on Thursday, June 23, 2016.
Bambang asserted that Britain's decision to leave the EU will affect the international community. "Not only for Indonesia, it will affect currency rates and the stock market," Bambang added.
Today, June 23, 2016, the British citizens cast their vote on whether the country should remain in or leave the EU. Bill Gross, a capital market expert from the United States predicted that the stock market will suffer if Britain chooses to leave the EU.
On the other hand, Tito Sulistio, Director of the Indonesian Stock Exchange argued that Britain’s plan to leave the EU will not have a significant effect to the Indonesian economy, specifically trade and stock market. However, Tito stated that the decision might affect the global economy, which in turn will affect the Indonesian economy.
ANGELINA ANJAR SAWITRI