Thu, 03 Apr 2008
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has expressed hope that the people and all concerned parties in the country would remain calm in the face of the current world economic turbulences that were affecting the national economy.

"I have to tell the people and all parties in the country that we and the House of Representatives (DPR) are still able to control the situation. We are also still formulating a credible and sustainable a revised 2008 state budget. We are still able to overcome the economic problems we are facing now," the president said here on Thursday.

The president made the statement after a meeting with Coordinating Minister for Economic Affairs Boediono, Finance Minister Sri Mulyani, State Enterprises Minister Sofyan Jalil, National Development Planning Minister/National Development Planning Board Chairman Paskah Suzetta, state-owned bank BNI presdient director Gatot Suwondo and Bank Mandiri president director Agus Martowardoyo.

Yudhoyono said the meeting with the ministers was about a government policy to assist the poor and relatively poor members of society who were affected by increases in world oil and food prices.

"The impact in the country of the global food price hikes has led us to think of using funds from the state budget for poverty alleviation programs in an effort to assist the people," he said.

The president also said the 2008 state budget had remained under control and able to meet its functions in financing general administration activities to stimulate growth and improve the people`s welfare, including the implementation of social safety net programs.

He said t the chief economic minister, the finance minister and the governor of Bank Indonesia (BI) would soon explain this to the people and the market so that they would remain calm in the face of the current global world economic turbulences.
(*)



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