{"id":135461,"date":"2018-07-26T12:51:00","date_gmt":"2018-07-26T05:51:00","guid":{"rendered":"https:\/\/setkab.go.id\/?p=135461"},"modified":"2018-07-31T15:03:25","modified_gmt":"2018-07-31T08:03:25","slug":"president-jokowi-praises-regional-leaders-inflation-team-for-controlling-inflation","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/president-jokowi-praises-regional-leaders-inflation-team-for-controlling-inflation\/","title":{"rendered":"President Jokowi Praises Regional Leaders, Inflation Team for Controlling Inflation"},"content":{"rendered":"<div id=\"attachment_135462\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/07\/IMG_20180726_100240-3.jpg\" rel=\"attachment wp-att-135462\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-135462\" class=\"size-medium wp-image-135462\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/07\/IMG_20180726_100240-3-300x192.jpg\" alt=\"President Jokowi opens the 2018 National Coordination Meeting of Inflation at Grand Sahid Jaya Hotel, Jakarta, Thursday (26\/7). (Photo by: Public Relations Division \/Jay).\" width=\"300\" height=\"192\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/07\/IMG_20180726_100240-3-300x192.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/07\/IMG_20180726_100240-3-150x96.jpg 150w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/07\/IMG_20180726_100240-3-768x491.jpg 768w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/07\/IMG_20180726_100240-3-1024x655.jpg 1024w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/07\/IMG_20180726_100240-3-600x384.jpg 600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-135462\" class=\"wp-caption-text\">President Jokowi opens the 2018 National Coordination Meeting of Inflation at Grand Sahid Jaya Hotel, Jakarta, Thursday (26\/7). (Photo by: Public Relations Division \/Jay).<\/p><\/div>\n<p>President Joko \u0093Jokowi\u0094 Widodo expressed his appreciation to all regional leaders and members of the inflation control team \u0096 both at the central government level and at regional governments level &#8211; for their roles in controlling inflation under 4 percent.<\/p>\n<p>\u0093In 2015, inflation was at 3.35 percent, in 2016 it was at 3.0 percent, and in 2017 it was at 3.1 percent. We have to continue the progress because I notice that coordination between the central government and regional governments is now getting better. Now we also have task force (to monitor) food prices at the central government level and at regional government level. The task force has also performed well,\u0094 the President said in his remarks at the 2018 National Coordination Meeting of Inflation Control at Grand Sahid Jaya, Jakarta, Thursday (26\/7). <!--more--><\/p>\n<p>With good coordination, according to the President, stable inflation can be maintained and from year to year, inflation is expected to be lower. The President also hopes that Indonesia\u0092s inflation can be between 1 and 2 percent just like the ones in developed countries and price stability can always remain in check.<\/p>\n<p>Nevertheless, the problem now, the President said, is the uncertainty of global economy that is hard to predict and calculate because policies are in the transition to new norms.\u00a0Therefore, anticipatory preparations, he added, must continue to be made to respond to changes.<\/p>\n<p>\u0093There are two major problems that I will always reiterate, &#8211; which become our joint task to solve and which we still have to find out the way outs \u0096 current account deficit and balance of trade deficit,\u0094 he said, adding that if these fundamentals can be improved, Indonesia will become a country that will not be affected by turbulences of global economy.<\/p>\n<p>Regarding balance of trade, President Jokowi said that it has something to do with exports and imports and Indonesia\u0092s trade of balance is still experiencing deficit because import is bigger than export.<\/p>\n<p>\u0093The problem is investment, in business expansion. Therefore, I remind governors, regents, and mayors that investment must be export oriented and substitute import commodities,\u0094 the President said.<\/p>\n<p>President Jokowi also reminded governors, regents, and mayors not to complicate permit process to prevent investors from cancel their investment at their provinces, regencies or municipalities.<\/p>\n<p>The President further said that the central government has also launched the <em>online single submission (OSS)<\/em>, which can also later on be implemented in provinces, regencies and municipalities. The progress of obtaining permits can always be traced through the system, he said.<\/p>\n<p>The President further said that once Indonesia has surplus balance of trade,\u00a0any turbulence would not be a problem.<\/p>\n<p>\u0093So once again, investment must be export oriented and investment must also be directed to substituting import goods,\u0094 he added.<\/p>\n<p>Also attending the meeting were Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan, Coordinating Minister for the Economy Darmin Nasution, Minister of Home Affairs Tjahjo Kumolo, Minister of Tourism Arief Yahya, Deputy Minister of Energy and Mineral Resources Archandra Tahar, and Governor of central bank Bank Indonesia (BI) Perry Warjiyo. (<strong>DID\/EN<\/strong>) <strong>(\/EP\/Naster)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joko \u0093Jokowi\u0094 Widodo expressed his appreciation to all regional leaders and members of the inflation control team \u0096 both at the central government level and at regional governments level &#8211; for their roles in controlling inflation under 4 percent. \u0093In 2015, inflation was at 3.35 percent, in 2016 it was at 3.0 percent, and [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":135463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-135461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>President Jokowi Praises Regional Leaders, Inflation Team for Controlling Inflation - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/president-jokowi-praises-regional-leaders-inflation-team-for-controlling-inflation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Jokowi Praises Regional Leaders, Inflation Team for Controlling Inflation - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"President Joko \u0093Jokowi\u0094 Widodo expressed his appreciation to all regional leaders and members of the inflation control team \u0096 both at the central government level and at regional governments level &#8211; for their roles in controlling inflation under 4 percent. \u0093In 2015, inflation was at 3.35 percent, in 2016 it was at 3.0 percent, and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/president-jokowi-praises-regional-leaders-inflation-team-for-controlling-inflation\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-26T05:51:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-07-31T08:03:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/07\/IMG_20180726_100240-4-1024x655.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"655\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; 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