Weaknesses
of Indonesian Economic
Chamber
of Indonesia Commerce and Industry (Kadin) declared Indonesian
economy that is actually very promising for both domestic and foreign
investors. However, there are still weaknesses seeing by Kadin of the
economy that need to be addressed. Vice Chairman of Kadin Indonesia,
Novian Anindya Bakrie said, promising Indonesian economy is evidenced
by incoming investment, private consumption, and vibrant business
world.
“But
there are still some weaknesses that Indonesia’s economic structure
needs to be addressed now,” said Anindya at Menara Kadin Jakarta,
Wednesday (06/03/2013).
Anindya
see Indonesia’s economic weakness is in the trade deficit.
Currently due to larger imports than exports then it makes more
Indonesian trade balance to be deficit. Moreover, the largest import
of oil and gas.
On
the other hand, Anindya also highlights subsidy of oil (BBM) to the
people who actually are not even on target. Current budget fuel
subsidy enjoyed by the rich instead.
“As
the impact, the deficit and the high pressure gas imports that led to
the weakening of the rupiah,” he added.
Again,
the actual budget for infrastructure even neglected. He rated in the
last few months that there is no improvement of government policy so
that a problem cannot be resolved. Though foreign investors intending
to invest in Indonesia as it will look up the bureaucratic
infrastructure. If not good, then foreign investors will pull out of
Indonesia.
