Based on observation, the Economic Team comprising Coordinating Economic Affairs Minister Darmin Nasution, Finance Minister Sri Mulyani, Bank Indonesia Governor Perry Warjiyo, and Chairman of the Financial Services Authority Board of Commissioners Wimboh Santoso entered the Merdeka Palace at 10 a.m. local time after the president received a delegation of Japan`s Foreign Minister Taro Kano at around 12 p.m. local time.
Finance Minister Mulyani explained that her side will continue to monitor the real sector and the policies can focus on helping the balance of payments.
"We will continue to observe how the policies will be focused on helping our balance of payments, especially to reduce current transactions," she added.
She also conveyed that the head of state spoke about the economic strategy to continue moving forward and the current transactions that can be maintained from the side of the deficit. This needs policies to support exports, including tourism and strengthening the development of industries that substitute imports.
"We also discussed the joint response from the real sector, such as from the coordinating minister of economy in terms of intensive efforts, convenience, taxation, customs or macroprudential policies of Bank Indonesia and its policies in the OJK," she remarked.
Mulyani further said that it will continue to be encouraged to strongly improve the condition of the domestic economy.
During the meeting, President Widodo and the Economic Team discussed several issues in terms of global, regional, and domestic economic conditions.
"It is important to maintain essential stability, but we must continue to push for economic growth and boost economic activity," she stated.
Moreover, there are various combinations of policies that will be adopted, either individually or collectively.
Reported by Joko Susilo
(T.KR-TQA/INE)
(T.SYS/A/KR-BSR/C/A014)
Reporter: antara
Editor: Heru Purwanto
Copyright © ANTARA 2018
