Despite the rupiah exchange rate having dropped against the US dollar, its depreciation was not as low as the currencies of Malaysia, Japan, Australia, and other countries, Kalla said.Jakarta (ANTARA News) - The government is optimistic about Indonesias economic condition in 2015, believing that it will be better following improving fiscal conditions and national exports.
"We are optimistic that Indonesias economy will be stronger," Vice President Jusuf Kalla noted during a press conference after a limited cabinet meeting on economy here on Wednesday.
He emphasized that despite the rupiah exchange rate having dropped against the US dollar, its depreciation was not as low as the currencies of Malaysia, Japan, Australia, and other countries.
"On the other hand, the rupiah is appreciating against the yen, ringgit, and Australian dollar. Actually (our) economy is stronger than (other countries)," he affirmed.
Vice President Jusuf Kalla emphasized that businesses can derive benefits from the drop in the rupiah exchange rate against the US dollar by increasing their exports.
"This is a good opportunity. With the rupiah depreciating against the US dollar, our imports will decline and our exports will increase," he stated.
"This will help to stabilize the economy faster as the deficit will drop in line with the recent decision to reduce subsidy," he noted.
Later, the stability in exchange rate will help to draw investment faster, he added.
"Investing in Indonesia would be cheaper, and there will be better flow of investments. This is a good opportunity for our economy to grow," he added.
Vice President Kalla also said that incentives in various forms will be offered to industries in order to boost their exports.
He noted that the incentives, which were discussed to attract investment in the country, would be offered not only in the form of money but also through better facilities.(*)
Editor: Heru Purwanto
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