Indonesia: Anti-Ahok Protests Won’t Disturb Indonesia’s Economy: Bank Indonesia – 6 Nov 2016
- November 6, 2016
- Posted by: admin
- Category: Finance & accounting
- The 4 Nov 16 massive protests against Jakarta’s Governor Basuki “Ahok” Tjahaja Purnama has had virtually no effect on Indonesia’s economy, an executive of the central bank said on 5 Nov 16.
- Solikin M. Juhro, Bank Indonesia director for monetary policy, told reporters the protests, which had run peacefully during the day but turned to rioting later, is only a temporary problem to which the government has already responded.
- “The government’s positive attitude toward the incident surely made business players see our economy has a lot of potentials to attract investment,” Solikin said.
- He cited a statement made by the International Monetary Fund earlier in 2016 which said Indonesia has successfully navigated the economy through global headwinds.
- According to Solikin, a rebound in investment is one influence in the country surpassing its growth target in the state budget in 2017. “People will love to invest here due to the stability, which should not be taken for granted. We need to keep [the stability],” he said.