Consistency in Efforts to Protect Rupiah Essential
Efforts to control imports must be carried out consistently. These programs, supported by an increase in investment and exports, are expected to be able to reduce the pressure on the rupiah.
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Workers pack imported soybeans from America at a small factory for the production of tempeh in Semanan, Kalideres, West Jakarta, on Friday (7/9/2018). The weakening of the rupiah against the US dollar has had an impact on imported food commodities such as soybeans. Production efficiency is one solution to reduce the pressure of increased production costs.
JAKARTA, KOMPAS – Efforts to control imports must be carried out consistently. These programs, supported by an increase in investment and exports, are expected to be able to reduce the pressure on the rupiah.
These measures will be able to reduce the current account deficit to less than 3 percent of gross domestic product (GDP). In the second quarter, the current account deficit reached a total of US$8.02 billion or 3.04 percent of GDP.