{"id":173411,"date":"2019-10-30T17:25:07","date_gmt":"2019-10-30T10:25:07","guid":{"rendered":"https:\/\/setkab.go.id\/?p=173411"},"modified":"2019-10-31T17:37:40","modified_gmt":"2019-10-31T10:37:40","slug":"president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/","title":{"rendered":"President Jokowi Calls on Ministers to Anticipate Worsening Global Economy"},"content":{"rendered":"<div id=\"attachment_173427\" style=\"width: 1944px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-173427\" class=\"size-full wp-image-173427\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1.jpg\" alt=\"\" width=\"1934\" height=\"1290\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1.jpg 1934w, https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1-300x200.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1-768x512.jpg 768w, https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1-1024x683.jpg 1024w, https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1-600x400.jpg 600w, https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1-690x460.jpg 690w, https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1-345x230.jpg 345w\" sizes=\"auto, (max-width: 1934px) 100vw, 1934px\" \/><p id=\"caption-attachment-173427\" class=\"wp-caption-text\">President Jokowi, accompanied by Vice President Ma&#8217;ruf Amin and Cabinet Secretary Pramono Anung, chairs a limited meeting, at the President&#8217;s Office, Wednesday (30\/10). (Photo by: Rahmat\/PR)<\/p><\/div>\n<p>President Joko \u201cJokowi\u201d Widodo has instructed his cabinet ministers to take anticipative measures against next year&#8217;s global economy which, according to estimation of some international institutions, will face a more difficult situation, even showing a tendency for recession.<\/p>\n<p>&#8220;What does it mean? Exports and investment. The key is to boost exports and investment,&#8221; the President said during the first Limited Meeting with the Ministers of Indonesia Onward Cabinet on Economic Affairs, at the President&#8217;s Office, Wednesday\u00a0 (30\/10).<\/p>\n<p>President Jokowi went on to say that he has instructed Minister and Deputy Minister of Trade as well as Minister and Deputy Minister of Foreign Affairs to make Trade Agreements a priority.<\/p>\n<p>\u201cWe have finalized the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA). We have to extend (this effort to finalize other agreements) with other countries,\u201d the President said, adding that those agreements must be finalized by the end of 2020.<\/p>\n<p>\u201cArrange a team with permanent members. The finalization and field execution with the European Union \u00a0must be continued,&#8221; President Jokowi stated.<\/p>\n<p>The President also ordered his ministers to finalize trade agreement with the Regional Comprehensive Economic Partnership (RCEP) members by the end of 2020, including with 10 ASEAN countries, India, China, South Korea, Japan, Australia, and New Zealand, , in order to boost exports. He also reminded the ministers that a retreat agreement with African countries is just as important.<\/p>\n<p>President Jokowi also asked the ministers to follow up on omnibus law to simplify the existing regulations which can hamper investment and exports. &#8220;We have started since 2 months ago. There are 74 laws that we will work on. I believe Coordinating Minister for the Economy has understand this. Please coordinate with other coordinating ministers on this matter. We need to identify then cut down (the unnecessary steps) immediately,&#8221; the President stated.<\/p>\n<p>President Jokowi also pointed out to the ministers on the economic transformation towards an industrialization and downstreaming. According to him, there should be a change from exporting raw materials, such as nickel, bauxite, alumina, and coal, to exporting semi-finished or even finished goods.<\/p>\n<p>&#8220;This added value will later improve our competitiveness. I ask that the steps to acceleration be carried out immediately, including incentives for industries, micro businesses, small businesses, medium businesses, and industries in rural areas,&#8221; the President said, adding that these steps will bring a huge impact on the country&#8217;s economy.<strong> (MAY\/RAH\/ES)<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Translated by : Fairuzzamani Inayatillah<br \/>\nEdited by : Muhardi, Yuyu Mulyani<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joko \u201cJokowi\u201d Widodo has instructed his cabinet ministers to take anticipative measures against next year&#8217;s global economy which, according to estimation of some international institutions, will face a more difficult situation, even showing a tendency for recession. &#8220;What does it mean? Exports and investment. The key is to boost exports and investment,&#8221; the President [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":173427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77,66],"tags":[],"class_list":["post-173411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-uncategorized-en"],"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 Calls on Ministers to Anticipate Worsening Global Economy - 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-calls-on-ministers-to-anticipate-worsening-global-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Jokowi Calls on Ministers to Anticipate Worsening Global Economy - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"President Joko \u201cJokowi\u201d Widodo has instructed his cabinet ministers to take anticipative measures against next year&#8217;s global economy which, according to estimation of some international institutions, will face a more difficult situation, even showing a tendency for recession. &#8220;What does it mean? Exports and investment. The key is to boost exports and investment,&#8221; the President [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/\" \/>\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=\"2019-10-30T10:25:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-10-31T10:37:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1934\" \/>\n\t<meta property=\"og:image:height\" content=\"1290\" \/>\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; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/ccc9c04099be79c6aa9ed45cb3bf345e\"},\"headline\":\"President Jokowi Calls on Ministers to Anticipate Worsening Global Economy\",\"datePublished\":\"2019-10-30T10:25:07+00:00\",\"dateModified\":\"2019-10-31T10:37:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/\"},\"wordCount\":446,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1.jpg\",\"articleSection\":[\"News\",\"Uncategorized @en\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/\",\"url\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/\",\"name\":\"President Jokowi Calls on Ministers to Anticipate Worsening Global Economy - Sekretariat Kabinet Republik Indonesia\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1.jpg\",\"datePublished\":\"2019-10-30T10:25:07+00:00\",\"dateModified\":\"2019-10-31T10:37:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-on-ministers-to-anticipate-worsening-global-economy\/#primaryimage\",\"url\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1.jpg\",\"contentUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/10\/Ratas-Ekonomi-1.jpg\",\"width\":1934,\"height\":1290,\"caption\":\"President Jokowi, accompanied by Vice President Ma'ruf Amin and Cabinet Secretary Pramono Anung, chairs a limited meeting, at the President's Office, Wednesday (30\/10). 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