"The economic crisis tendencies occurring in Europe and the United States should be anticipated. Don`t say it would be impossible to happen here just for the sake of image building," Megawati Soekarnoputri said.
Jakarta (ANTARA News) - Chairwoman of the Indonesian Democratic Party of Struggle (PDIP) Megawati Soekarnoputri has warned the government of the economic crisis in Europe and the United States.

"The economic crisis tendencies occurring in Europe and the United States should be anticipated. Don`t say it would be impossible to happen here just for the sake of image building," Megawati Soekarnoputri said here on Wednesday after attending a commemoration ceremony of Indonesia`s 66th Independence Day at PDIP office.

The ceremony was attended by PDIP leadership members among others Tjahjo Kumolo, Puan Maharani, Muruarar Sirait, and Trimedya Panjaitan.

Megawati urged the government to be careful and carry out an introspection in facing the global economic crisis.

She also called on the government to closely monitor the developments in new industrialized nations such as India, China and Latin Americans, whose currencies might be better than the US dollar or Euro.

Meanwhile, when delivering the state address at the Parliament here on Tuesday (Aug 16), President Susilo Bambang Yudhoyono expressed confidence that Indonesia would be able to overcome the impact of the current global economic crisis.

President Yudhoyono said he believed with its experience in overcoming the 2008-2009 crisis Indonesia would be able to overcome the impact of the current crisis.

"I believe with the experience we got during the global economic crisis in 2008 to 2009 and hard work as well as cooperation among us all we could over the bad impact of the current economic crisis," he said.

He said the global crisis could be overcome with hard work from all parties and correct fiscal and economic policies and Indonesia had already proven it.

Regarding current global uncertainties the President said that they were the results of debt crisis in several European countries and economic upheavals in the US compounded by political crisis in several Middle Eastern and North African countries.

He said developments in the economic sector in Europe and the US were not good news for the world but Indonesia was confident it could overcome the impact of the situation.(*)

Editor: Heru Purwanto
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