Weaknesses of Indonesian Economic
Chamber of
Indonesia Commerce and Industry (Kadin) declared Indonesian economy that is
actually very promising for both domestic and foreign investors. However, there
are still weaknesses seeing by Kadin of the economy that need to be addressed.
Vice Chairman of Kadin Indonesia, Novian Anindya Bakrie said, promising
Indonesian economy is evidenced by incoming investment, private consumption,
and vibrant business world.
“But there are
still some weaknesses that Indonesia’s economic structure needs to be addressed
now,” said Anindya at Menara Kadin Jakarta, Wednesday (06/03/2013).
Anindya see
Indonesia’s economic weakness is in the trade deficit. Currently due to larger
imports than exports then it makes more Indonesian trade balance to be deficit.
Moreover, the largest import of oil and gas.
On the other
hand, Anindya also highlights subsidy of oil (BBM) to the people who actually
are not even on target. Current budget fuel subsidy enjoyed by the rich
instead.
“As the impact,
the deficit and the high pressure gas imports that led to the weakening of the
rupiah,” he added.
Again, the actual
budget for infrastructure even neglected. He rated in the last few months that
there is no improvement of government policy so that a problem cannot be
resolved. Though foreign investors intending to invest in Indonesia as it will
look up the bureaucratic infrastructure. If not good, then foreign investors
will pull out of Indonesia.
