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.
My Comment:
I think
the weakness of the Indonesian economy not only in the trade deficit, but at
there is also the weakness of his moral values. Indonesia is a country rich in
natural results. However, in the absence of honesty in particular on the
responsible parties in Indonesian natural resources, so the inclusion of
Indonesia is very little.
Unemployment
is still a lot in Indonesia. The government did not immediately take to this
policy, as mentioned in the article above. Too many promises but no action.
Actually, Indonesia is one country that has outstanding natural beauty,
abundant natural resources, ethnic and culturally diverse and unique. These
things are a plus for Indonesia. But our government can not utilize it
properly. By taking care of its natural course, Indonesia will get the revenue
that can not be said to be small. With the tourist areas, it would be very easy
to bring tourists, both domestic and foreign.
So you
need to do to overcome the weaknesses of the Indonesian economy is the correct
morals, honesty, and take advantage of what Indonesia had the best possible.
Name: Fretty Indahsari Saragih
NPM: 13213583
Class: 1EA11
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