"The money flow into Indonesia is due to trust. It is a momentum that should be fully utilized and maintained for the benefit of our country," Jokowi said.Jakarta (ANTARA News) - President Joko Widodo has asked business players, especially those in the capital market, to take advantage of investors trust.
"The money flow into Indonesia is due to trust. It is a momentum that should be fully utilized and maintained for the benefit of our country," Widodo said here on Tuesday.
According to the president, Indonesias composite share price index has reached 5.900. "The market believes that Indonesia has a good prospect to invest," he added.
The Indonesia Composite Index (IHSG) on Monday (July 3) closed up 80.52 points, or 1.38 percent to 5,910.23 points, while on Tuesday (July 4), it opened down 23.51 points, or 0.40 percent to 5.886.72 points.
"It means the investors trust our economy to be good in terms of perception. The cash flow in one year, from Jan to Dec 2016, was Rp126 trillion, while this year, from Jan to June 2017, it is Rp124 trillion," he noted.
The Rp126 trillion amount was the total capital inflow to the market of state securities, stocks, and corporate bonds in 2016. The data was obtained from the Financial Services Authority and the Ministry of Finance.(*)
Editor: Heru Purwanto
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