"Indonesian economh is healthy. Indonesia`s economic future is good. It depends on us whether we will make it progress fast or slowly," Jokowi said.Jakarta (ANTARA News) - President Joko Widodo has asked financial industries in the country to help make the national economy to progress very fast to achieve targets.
"Indonesian economh is healthy. Indonesia`s economic future is good. It depends on us whether we will make it progress fast or slowly," he said at an annual meeting of financial service industries here on Thursday evening.
President Joko Widodo said Indonesia`s fiscal, monetary condition is good while foreign exchange reserves reach US$130 billion. The ease of doing business index has also risen and the rupiah is stable.
"Like a person. If his kidney is good and cholesterol condition is also good he will only be sick once in a while," he said.
Under such good conditions why Indonesian economy cannot progress very fast, he said.
"When we investigate it was found that there are still a lot of problems in the field," he said.
President Joko Widodo said banking indicators reading has also been good and rating agencies have given better ratings up to investment grade.
He however reminded that bank credit growth is still below the target. He said the growth of bank credits was still below the target set at 10 to 12 percent in 2017 as realization had reached only about eight percent.
"Being prudence is important but optimism is also needed. Do not be influenced by social media reports. All commodity prices are up. It means Indonesia`s economy is healthy and economic future is good," he said.
Reported by Agus Salim
(H-YH/a014)
(T.SYS/B/KR-BSR/A014)
Reporter: antara
Editor: Heru Purwanto
Copyright © ANTARA 2018
