Thursday, 12 December 2019

Sri Mulyani Believes Economy will Grow Despite 2019 Election

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Petir Garda Bhwana

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  • TEMPO.CO, Jakarta - Finance Minister Sri Mulyani Indrawati believes the Indonesian election of 2019 (pemilu) will not hamper the country’s economic growth since it is not the first time Indonesia held a general election.

    “The general election (Pemilu) should not be a reason to spark worries, however, we must also be aware of global issues that is currently experiencing a real economic weakening,” said Sri Mulyani in Jakarta at the Bidakara Headquarters on Thursday.

    Read also: Indonesia Economically Stable During Election, says Sri Mulyani

    Based on Indonesia’s economic growth, she said, stakeholders must be able to maintain last year’s positive momentum in 2019, which kicked-off positively with a low inflation rate. This adheres to her call for a strong economy that would be able to resist the effects of a global crisis.

    “February experienced a deflation, and the balance of payments was also positive,” said Sri Mulyani.

    Finance Minister Sri Mulyani also called for increased domestic consumption, investments, and a continuation of export diversifications. All of which will help the government realize its domestic economic growth.

    MUHAMMAD HENDARTYO