Weaknesses of Indonesian Economic
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.
“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.
Comment :
Weaknesses of Indonesian Economic problem can be solved in many ways, one of them with government
policy. The government must be
firm in dealing with any problems that exist.
The government must strive to make Indonesia as a viable state
for foreign investors
bureaucratic infrastructure. Indonesian economic
weakness problem can be solved in many ways, one of them with government policy. The government must be firm in dealing with any problems
that exist. The
government must strive to make Indonesia as a
viable state for foreign investors bureaucratic
infrastructure.
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