Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Robert Sidauruk
During the annual Independence Day Speech last Friday, President Susilo Bambang Yudhoyono expressed appreciation for the establishment of the Financial Services Authority (OJK).
The President believes that the OJK will further strengthen national economic stability despite current difficult global economic circumstances.
“I believe the emergence of thef OJK will bring significant positive developments to face world economic turbulence,” the President said while delivering his speech before the legislators and representatives from foreign countries.
The President depicted that the Indonesian economy is currently facing a new era of challenges. The global financial crisis puts Indonesia in the position of having to make a number of difficult choices.
In view of these circumstances, the President hopes that all stakeholders are making preparations in anticipation of global uncertainty.
Reflecting on the experiences of 2008, Indonesia successfully overcame exposure to the global economic crisis thanks to the solid coordination between government institutions in taking responsive measures.
“During that difficult time, we convened a Financial System Stabilization Forum consisting of the Government, Bank Indonesia, and the Indonesia Deposit Insurance Corporation. These institutions built strong coordination to address the situation at that time,” says the President.
The President continued saying that the experience had become the foundation for establishing the OJK. In the event of crisis, the OJK as an institution that oversees financial services, will play an important role in building intense coordination between related government institutions on fiscal and real industry sectors.
In addition, the President also addressed the importance of continued improvement to the domestic economy which has become the primary contributor to national economic growth.
This can be implemented by creating fiscal incentives including through policies on export-import, infrastructure, public transportation, and investment.
Deputy Chairman of Commission XI at the House of Representatives, Harry Azhar Azis agreed with the President’s views onmanaging the national economy.
He said that coordination between fiscal, monetary and real sector industry authorities is important in facing global crises.
“This coordination should be maintained by all the stakeholders,” Harry concluded.
(hot/kc)
Fathan Qorib, Robert Sidauruk
During the annual Independence Day Speech last Friday, President Susilo Bambang Yudhoyono expressed appreciation for the establishment of the Financial Services Authority (OJK).
The President believes that the OJK will further strengthen national economic stability despite current difficult global economic circumstances.
“I believe the emergence of thef OJK will bring significant positive developments to face world economic turbulence,” the President said while delivering his speech before the legislators and representatives from foreign countries.
The President depicted that the Indonesian economy is currently facing a new era of challenges. The global financial crisis puts Indonesia in the position of having to make a number of difficult choices.
In view of these circumstances, the President hopes that all stakeholders are making preparations in anticipation of global uncertainty.
Reflecting on the experiences of 2008, Indonesia successfully overcame exposure to the global economic crisis thanks to the solid coordination between government institutions in taking responsive measures.
“During that difficult time, we convened a Financial System Stabilization Forum consisting of the Government, Bank Indonesia, and the Indonesia Deposit Insurance Corporation. These institutions built strong coordination to address the situation at that time,” says the President.
The President continued saying that the experience had become the foundation for establishing the OJK. In the event of crisis, the OJK as an institution that oversees financial services, will play an important role in building intense coordination between related government institutions on fiscal and real industry sectors.
In addition, the President also addressed the importance of continued improvement to the domestic economy which has become the primary contributor to national economic growth.
This can be implemented by creating fiscal incentives including through policies on export-import, infrastructure, public transportation, and investment.
Deputy Chairman of Commission XI at the House of Representatives, Harry Azhar Azis agreed with the President’s views onmanaging the national economy.
He said that coordination between fiscal, monetary and real sector industry authorities is important in facing global crises.
“This coordination should be maintained by all the stakeholders,” Harry concluded.
(hot/kc)