Saving our economy<\/p>\n
From Media Indonesia<\/p>\n
The exchange rate of the rupiah is once again fluctuating so
\nthat at one period it was as low as Rp 8,000 per US$1. This
\ntendency has not only caused alarming concern to the community,
\nbut has also increased people's economic burden. People in the
\nbusiness world needing U.S. dollars to import raw materials, or
\nfor the settlement of their debts, will be very much affected in
\ntheir business activities by the declining value of rupiah. All
\nthis will only further aggravate the economy, so that the
\nprospect of domestic economic recovery remains absurd.<\/p>\n
In the context of economic recovery, various analyses and
\ndiscussions have been made by both economists and observers.
\nHowever, noneconomic factors have always affected the sentiment
\nas shown in one economic indicator, namely the market. The market
\nwill always respond instantly to any disturbance to stability in
\npolitical and security matters.<\/p>\n
So, in addition to continuing efforts to ensure that the
\npolitical and security fields remain stable in order to create a
\nconducive business atmosphere, there are still a number of ways
\nto save our economy.<\/p>\n
First, to stimulate the national savings drive in order to
\nobtain a source for development financing. Second, to stipulate
\npolicies on the restriction and selection of the importation of
\nluxury goods and other consumer goods which are deemed
\nunnecessary in order to economize on our foreign exchange, and at
\nthe same time optimizing the exportation of various prime
\ncommodities in order to increase our foreign exchange earnings.
\nThird, to accelerate the restructuring of private debts and the
\nrecapitalization of banks. Fourth, to ensure that offshore loans
\nare reduced, just as other countries hit by a similar monetary
\nand economic crises have done. If these political steps go
\ntogether with economic measures, our economic recovery will be a
\nprospect full of optimism.<\/p>\n
ARI P.<\/p>\n
Jakarta<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/saving-our-economy-1447893297", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }