Officials' sense of patriotism

Officials' sense of patriotism

From Rakyat Merdeka

One of the most important indicators for tracking changes in the country's economy is the rupiah's exchange rate. A rupiah that stabilizes at a reasonable level will expedite and accelerate the economic recovery. This means that one of the important variables in determining state revenues can be controlled and used as a fixed reference so that the government may focus on optimizing other variables, such as interest rates and the repayment of our foreign debt.

One of the main factors that could contribute to maintaining a stable rupiah is our sense of patriotism in respect of our nation's currency, along with a sense of crisis. This is where those in authority need to set an example to the public.

A positive attitude will provide a positive, psychological impact and finally stem the demand for U.S. dollars. I feel really pessimistic that the rupiah will stabilize at a reasonable level, and am becoming more pessimistic that the economic crisis can be dealt with as I read the wealth declarations submitted by state officials.

ANDRIZAL ARIFIN

Jakarta