Domestic Economy Will Face More Pressures
Global uncertainties will continue to bring more pressures to the Indonesian economy. The monetary policy is not enough to cope with the pressures. The policy should be supported by fiscal and non-fiscal measures.
People are reflected on an electronic stock board along with global stock indexes at a securities firm in Tokyo, Japan.
JAKARTA, KOMPAS – Global uncertainties will continue to bring more pressures to the Indonesian economy. The monetary policy is not enough to cope with the pressures. The policy should be supported by fiscal and non-fiscal measures.
There are a number of indicators that may cause global uncertainties to remain. In the trade sector, the uncertainties will come from the increase in global crude oil prices and the US-China trade war, while in the financial sector, the uncertainties will come from the continuation of the global uncertainties.