Pekalongan (Antara Bali) - Indonesia still relies on the export of
commodities, making it vulnerable to losses in a competitive free market
era, an observer has said.
"In view of that, supports are needed from all parties including
the government to boost the exports, so that they can go international,"
the Director of the Institute for Development of Economic and Finance,
Enny Sri Hartati, said at a seminar in Pekalongan, Central Java
Saturday.
The countrys exports right now only reach 10 percent, while imports 21 percent, affecting the trade balance, she said.
"To balance them, the government must give stimulus as a
compensation for capital that enters and to attract investors," she
said.
Indonesias economic development also relies on the economic
conditions in China and the United States as the biggest exporters, she
said.
"The impact of Chinas economic decline has relatively affected
Indonesia because its capital that has entered Indonesia will return
home," she said.
To anticipate dependence on other countries Indonesia needs to take
India as an example that has experienced a political process similar to
Indonesia, Sri Hartati said.
"The transition of leadership in India is also the same as in
Indonesia which is through economic stabilization with prices being
reduced from eight to six percent, and this has brought an effect on
interests," she said.
On the occasion, Sri Hartati reminded about the importance of
strategic steps to be taken to face the ASEAN Economic Community such as
improving the quality of human resources, infrastructure, capital
supply and reform of the investment climate.
"What needs to be anticipated with regard to the ASEAN Economic
Community is the widening of a trade deficit in line with increasing
trade of goods and inflow of investment to Indonesia from outside
ASEAN," she said. (WDY)
Indonesia Still Relies on Exports of Commodities: Indef
Sabtu, 9 Januari 2016 22:26 WIB