Chairman of the Indonesian Chamber of Commerce and Industry (Kadin),\nAnindya Novyan Bakrie, emphasised the importance of economic stability\nworking in tandem with economic growth amid various global challenges.\nAnindya made the remarks after attending the handover ceremony for the\nFinance Minister from Purbaya Yudhi Sadewa to Suahasil Nazara at the\nMinistry of Finance in Jakarta on Tuesday (15\/9).<\/p>\n
Anindya viewed public trust as the key to safeguarding national\neconomic stability, and welcomed the appointment of Suahasil Nazara as\nthe new Finance Minister.<\/p>\n
\u201cStability can be achieved when there is trust from the public. I am\nconfident that Mr Suahasil has the background and capability to carry\nout this duty,\u201d Anindya said.<\/p>\n
Beyond trust, Anindya highlighted the importance of synergy among\nmembers of the Financial System Stability Committee (KSSK). A harmonious\nrelationship within the KSSK, he said, would give the business world\nroom to keep growing.<\/p>\n
\u201cIf the KSSK is united, I believe the business world can be more\nstable and find it easier to grow,\u201d he added.<\/p>\n
Anindya explained that businesses currently face considerable global\npressures, ranging from fluctuating oil prices and geopolitical\nuncertainty to shifting capital flows. Economic stability, he said,\nserves as the foundation that enables businesses to adapt to these\ndynamics.<\/p>\n
Although the business community has taken anticipatory steps against\npotential disruption over the past several months, vigilance must still\nbe raised, especially if uncertainty persists over the long term.<\/p>\n
\u201cBusinesses always anticipate every potential disruption. But we must\nremain careful and prepare ourselves should these conditions last\nlonger,\u201d he asserted.<\/p>\n
At the same event, Chairwoman of the Indonesian Employers\u2019\nAssociation (Apindo), Shinta Widjaja Kamdani, expressed hope that\nFinance Minister Suahasil Nazara would maintain the continuity of\npolicies that have worked well so far.<\/p>\n
Shinta conveyed several strategic messages, including maintaining\nfiscal stability while continuing to promote economic growth and job\ncreation. She commended the policy of keeping the fiscal deficit below\n3%, but cautioned that the policy should remain pro-growth and\npro-employment.<\/p>\n
\u201cExisting policies must not end up increasing the cost of doing\nbusiness. We encourage tax policy to prioritise extensification rather\nthan burdening existing taxpayers,\u201d Shinta said.<\/p>\n
Shinta also called for special government attention to incentives for\nlabour-intensive industries and micro, small and medium enterprises\n(MSMEs) so they can remain competitive. In addition, she underscored the\nneed for a clear mechanism for resolving tax refunds, as these have a\ndirect impact on companies\u2019 cash flow.<\/p>\n
\u201cTax refunds are very important for companies to run their\noperations, especially from a cash flow perspective. We hope this issue\ncan be resolved soon,\u201d Shinta concluded, while affirming Apindo\u2019s\nreadiness to continue coordinating with the Ministry of Finance.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/kadin-and-apindo-push-for-economic-stability-amid-global-challenges-1789473105", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }