Amid the uncertainty in global conditions, MSMEs and formal and informal sectors will remain our mainstay
Tegal, Central Java (ANTARA) - Chief of the Presidential Staff Office (KSP) Moeldoko highlighted that Indonesia fared better in terms of its economy amid the ongoing global crises that significantly affected various countries.

Moeldoko also affirmed that President Joko Widodo (Jokowi) was mindful of the development of micro, small, and medium enterprises (MSMEs) amid uncertainties in the global economy.

"Amid the uncertainty in global conditions, MSMEs and formal and informal sectors will remain our mainstay. Yet, Praise be to God, our economy fared relatively well despite the ongoing global crises," Moeldoko stated while meeting fishermen here, Wednesday.


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While highlighting food resilience, energy, and financial aspects as the main issues in the current global conditions, the KSP chief expressed gratitude that Indonesia fared better.

"Amidst the global situation where (many) are struggling to even eat, Praise be to God, we have no such conditions," he remarked.

He emphasized that the government remains capable of controlling issues in the energy sector and preventing it from affecting other sectors.

"I had recently read (reports) that in France and other countries, their governments are struggling to provide (stocks) for petrol stations. Thank God, Indonesia is still capable of maintaining the situation properly," Moeldoko stated.

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The KSP head also lauded Indonesia's success in maintaining high economic growth, at 5.79 percent, with 4.9-percent inflation in the third quarter of 2022, despite other countries experiencing economic stagnation and high inflation.

He then expressed optimism that fishermen would be content with Indonesia's current economic conditions that had proven to be better than those of other countries.

"I heard that a fisherman complained about the low fish price, which was earlier at Rp20 thousand (US$1.28), and now, it is at Rp10-12 thousand (US$0.64-0.76). I must say, the fish price depends on the market mechanism," he remarked.

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Translator: Kutnadi, Nabil Ihsan
Editor: Fardah Assegaf
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