The Fed’s monetary tightening has and will continue to have a detrimental effect on developing economies. This policy has created global economic vulnerability.

The government is striving to boost exports amid a global trade and economic slowdown. Industrialists are under the pressure of high inflation, rupiah depreciation and interest rate increase.

Rapid monetary tightening in developed countries to curb inflation will result in the flight of foreign funds from the domestic market and push up domestic borrowing costs.

Indonesia is not as gloomy as the US or Europe, but there are so many uncertainties, so many things that we don't know about the future.

The debt problem has always been a public concern and has made the government a target since the New Order era and on up to the present.

Efforts to find new sources of economic growth must continue to raise optimism in addition to boosting Indonesia’s economic resilience amid global pressure and uncertainties.

Business people are finding it difficult to spur exports amid sluggish international trade and the global economic slowdown . The short-term realistic step that Indonesia needs to take is to maintain the domestic market and improve or at least keep the deficit from deepening.