{"id":90704,"date":"2016-04-20T13:53:43","date_gmt":"2016-04-20T06:53:43","guid":{"rendered":"https:\/\/setkab.go.id\/?p=90704"},"modified":"2016-04-25T11:13:13","modified_gmt":"2016-04-25T04:13:13","slug":"president-jokowi-economic-reform-must-be-carried-on","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/president-jokowi-economic-reform-must-be-carried-on\/","title":{"rendered":"President Jokowi : Economic Reform Must be Carried on"},"content":{"rendered":"<div id=\"attachment_90705\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/04\/Lembaga-Finansial-Internasional.jpg\" rel=\"attachment wp-att-90705\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-90705\" class=\"wp-image-90705 size-medium\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2016\/04\/Lembaga-Finansial-Internasional-300x199.jpg\" alt=\"President Jokowi delivers a remarks at a meeting with International Finance Institutions, on Tuesday (19\/4) morning, at the Grosvenor House Hotel, London, the United Kingdom\" width=\"300\" height=\"199\" \/><\/a><p id=\"caption-attachment-90705\" class=\"wp-caption-text\">President Jokowi delivers a remarks at a meeting with International Finance Institutions, on Tuesday (19\/4) morning, at the Grosvenor House Hotel, London, the United Kingdom<\/p><\/div>\n<p>President Joko \u0093Jokowi\u0094 Widodo on a meeting with International Finance Institutions held on Tuesday (19\/4) morning local time, said that Indonesia is affected by the global economic downturn, just like any other countries. The economic downturn, the President added, affected export sector of many countries.<\/p>\n<p>However, the President asserted that the economic downturn can become Indonesia\u0092s opportunity to reform its economy instead.<\/p>\n<p>\u0093Many people agree with the reform, but more people refuse it. However, the Government has declared firmly that the reform must be carried out and will be carried on,\u0094 the President said.<!--more--><\/p>\n<p>President Jokowi said that the focus of the reform that Indonesia wants to stress are openness and competition.<\/p>\n<p>\u0093We must open up and should not be a closed country anymore. The competition will lead to an improved and better condition,\u0094 the President added.<\/p>\n<p>The President took an example of the condition on aviation sector, in which there were only 3 airlines, but now there are 70 airlines that create tighter competition.<\/p>\n<p>\u0093The ticket is cheaper and people can have more flight options. During the tight competition, Garuda Indonesia almost went bankrupt twice,\u0094 the President said.<\/p>\n<p>However, the President added, Garuda Indonesia survives and now become one of seven world\u0092s best airlines and is rated as a 5-star airline.<\/p>\n<p>This competition, the President added, also faced by banking sector as well as refueling station and cinema.<\/p>\n<p>\u0093We are now conducting deregulation and opening many sectors,\u0094 the President said.<\/p>\n<p>Attending the meeting were Minister of Finance Bambang Brodjonegoro, Minister of Trade Thomas Lembong, Minister of Foreign Affairs Retno Marsudi, and Governor of Bank Indonesia Agus Martowardojo.<\/p>\n<p>While from International Finance Institutions counterpart, the meeting was attended by Goldman Sachs, J.P. Morgan Asset Management, Ashmore Investment Management, F&amp;C Asset Managers Limited, London Stock Exchange Group, and others. <strong>(UN) <\/strong><strong>(<\/strong><strong>RAS\/<\/strong><strong>MMB\/<\/strong><strong>YM\/Naster)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joko \u0093Jokowi\u0094 Widodo on a meeting with International Finance Institutions held on Tuesday (19\/4) morning local time, said that Indonesia is affected by the global economic downturn, just like any other countries. The economic downturn, the President added, affected export sector of many countries. However, the President asserted that the economic downturn can become [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-90704","post","type-post","status-publish","format-standard","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 : Economic Reform Must be Carried on - 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-economic-reform-must-be-carried-on\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Jokowi : Economic Reform Must be Carried on - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"President Joko \u0093Jokowi\u0094 Widodo on a meeting with International Finance Institutions held on Tuesday (19\/4) morning local time, said that Indonesia is affected by the global economic downturn, just like any other countries. The economic downturn, the President added, affected export sector of many countries. 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