"Thank you for coming. I can see many among you coming from far away district areas including Sangihe, Papua, Aceh, Aceh Timur, Donggala," the president or Jokowi as he popularly known said welcoming the heads of district areas at the Merdeka Palace here on Monday.
Jokowi explained the prevailing condition of the country`s economy amid the global economic crisis .
"I believe we all know that the global economy is not favorable for now," he said.
There are economic crisis in Turkey, Argentina, Brazil, and Venezuela with inflation as high as more than a hundred percent, he added.
There is also raging trade war which has no sign of receding between China and the United States, he added.
The government has to be careful in dealing with the present condition as crisis in one country could have its impact on other countries, he said.
Economic policy especially that of big economies like China and the United States will have its impact on other countries including Indonesia, he remarked.
"Thanks God, we should be grateful that our economic performance is good amid the difficult situation. According to information from BPS (Central Bureau of Statistics) our economy is stable even growing 5.17 percent in the third quarter of 2018," Jokowi told the heads of district.
Inflation was well under control at 3.23 percent, he added.
"I believe all of you know the relations between economic growth and inflation. This is important," the president said.
Reporting by Agus Salim
Editing by Albert Saragih, Sri Haryati
Reporter: Antara
Editor: Suharto
Copyright © ANTARA 2018
