Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

S&P Boss Asked Luhut Binsar About the Jakarta Election

Translator

Editor

25 May 2017 19:08 WIB

Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan. TEMPO/Dhemas Reviyanto

TEMPO.CO, Jakarta - Coordinating Minister of Maritime Affairs, Luhut Binsar Pandjaitan, recounted his meeting with Standard & Poor’s (S&P) President, John Berisford, at Washington back on April. According to Luhut, the boss of an international ratings agency asked about the recent Jakarta Gubernatorial Election.

“Has the election in Jakarta radicalized Indonesia? This topic has attracted international attention. John is one of the people that directly asked us during our meeting in Washington last month. My answer was ‘No it didn’t’,” Luhut said today.

Luhut emphasized the importance of an equally distributed economic growth. “It important considering that radicalism is a direct effect of poverty and injustice,” Luhut said.

Luhut gave an example of Indonesia’s attempt to equally distribute wealth by distributing 74,000 village funds across the nation. He claims that discrepancy has been reduced through this program. “But the government needs funds to keep flowing in order to keep on realizing the program,” says Luhut.

One of the ways to obtain the funds is through investments. Which highlights the importance of the Indonesia’s investment grade status from S&P.

“One of it is to lower the cost of fund. The problem is that Indonesia’s rating was at BB+ last month, which is a notch under the investment grade standard,” Luhut explained.

Luhut then said to John, “You’re actually helping to preserve radicalism In Indonesia by not granting Indonesia the investment grade.” Upon hearing Luhut’s statement, John replied by agreeing to evaluate the report.

Last week, Indonesia finally received the investment grade status from S&P. Luhut further claims that Indonesia’s foreign exchange reserves reached US$124 billion, which is the highest in Indonesia’s history.

ANGELINA ANJAR SAWITRI



Tanah Abang Station Upgrade Project Expected to be Completed by Year's End

1 hari lalu

Tanah Abang Station Upgrade Project Expected to be Completed by Year's End

The upgrade and development project of Tanah Abang Station in Central Jakarta is currently underway, said Railway DG Risal Wasal.


Today's Weather Forecast for Greater Jakarta: BMKG

1 hari lalu

Today's Weather Forecast for Greater Jakarta: BMKG

The Meteorology, Climatology, and Geophysics Agency (BMKG) released a weather forecast for Greater Jakarta or Jabodetabek today, May 6.


Thousands Join Jakarta May Day Rally; Access to Palace Blocked

6 hari lalu

Thousands Join Jakarta May Day Rally; Access to Palace Blocked

To commemorate International Labor Day, also known as May Day, thousands of workers from various unions took to Jakarta streets.


Jakarta Police Arrest 11 Online Gambling Suspects in Tangerang

7 hari lalu

Jakarta Police Arrest 11 Online Gambling Suspects in Tangerang

The Jakarta Metropolitan Police arrested 11 online gambling suspects at a house in Teluknaga Cluster, Tangerang at 00:46 on April 26.


BMKG Forecasts a Cloudy Day in Jakarta

7 hari lalu

BMKG Forecasts a Cloudy Day in Jakarta

BMKG forecasts that Jakarta will be cloudy today, Tuesday, April 30, 2024.


DKJ Law Is The Best for Jakarta, Says Acting Gov Heru Budi

8 hari lalu

DKJ Law Is The Best for Jakarta, Says Acting Gov Heru Budi

Jakarta Acting Governor Heru Budi Hartono reacted to the ratification of the Jakarta Special Region or DKJ Law passed by President Jokowi on Apr. 25.


Jokowi Approves Jakarta Special Region Bill

8 hari lalu

Jokowi Approves Jakarta Special Region Bill

President Joko "Jokowi" Widodo signed the ratification of Law No. 2 of 2024 on the Jakarta Special Region, also known as the DKJ Law.


Today's Top 3 News: 5 Coldest Cities in the World, 2 in Canada; Jakarta-Surabaya High-Speed Rail to Be More Lucrative Than Before

9 hari lalu

Today's Top 3 News: 5 Coldest Cities in the World, 2 in Canada; Jakarta-Surabaya High-Speed Rail to Be More Lucrative Than Before

Tempo English compiled the top 3 news on Sunday, April 28, 2024.


BMKG Weather Forecast: Rain to Shower Part of Jakarta All Saturday

10 hari lalu

BMKG Weather Forecast: Rain to Shower Part of Jakarta All Saturday

The Meteorology, Climatology, and Geophysics Agency (BMKG) forecasted rain for most areas in Jakarta on Saturday, April 27.


BMKG Forecast Rain in All Jakarta Areas This Afternoon

11 hari lalu

BMKG Forecast Rain in All Jakarta Areas This Afternoon

The Meteorology, Climatology, and Geophysics Agency (BMKG) released a weather forecast for Jakarta today, April 26.