Trump's impeachment and ripple may effect on Indonesia's economy

Trump's impeachment and ripple may effect on Indonesia's economy

Minister of Finance Sri Mulyani Indrawati delivered a statement at the Ministry of Finance Office in Jakarta, Thursday (Dec 19, 2019). ANTARA/Astrid Faidlatul Habibah/gtm

Jakarta (ANTARA) - US President Donald Trump’s impeachment may impact Indonesia's economy, thereby eliciting the finance ministry’s continued vigilance to the outcome of the upcoming US Senate-launched trial in early January 2020, Minister Sri Mulyani Indrawati stated.

"We need to be aware of the US political dynamics that may dampen the confidence of (global) economy players and affect the US economy," Finance Minister Indrawati told the press at the Ministry of Finance Office in Jakarta, Thursday.

Any political turmoil in the US, the world's giant, will affect not only its own economy but also of the other states. "As the world's largest economy, the US will influence the confidence at its economy and whether this uncertainty may continue until the next presidential election in 2020," she explained.

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Despite the concerns, Indonesia's government continues to hold the US House of Representatives in high regard over its agreement to impeach Trump and set a stage for the president for a trial in January 2020.

"We respect the US political dynamics. However, we have to remain vigilant to its impacts on Indonesia's economy," she reasserted.

Donald Trump, 73, becomes the third US president to be impeached, as the House of Representatives officially charged him guilty for abuse of power and obstruction of Congress.

Following a long delayed debate on Wednesday (Dec 18), the Democratic-led House has passed two articles on a 230-197 vote for the abuse of power and a 229-118 vote for the obstruction of Congress.

In the 243-year history of the US, no president has ever been removed from office by impeachment as it requires a two-third, or at least 67 votes of the 100-member Senate.

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