National Manufacturer to Substitute Wuhan Imported Products
Date 2 Maret 2020
The Indonesian Government will continue ensuring the availability of goods particularly electronics and pharmaceutical products which mainly imported from Wuhan, Hubei while seeking an alternative to substitute the imported goods since China’s manufacturing activity slumped due to the outbreak of coronavirus
For the record, China’s official Purchasing Managers Index (PMI) plunged in February to a record-low 35.7 from 50. On the other hand, Indonesia’s PMI rose to 51.9.
Coordinating Minister for the Economy Airlangga Hartarto asserted that the Government must take this momentum to boost value chain and capacity of national manufacturers to meet all demands of electronic and pharmaceutical products.
“We will also provide an ease for import and export. For export, the Government can help with the issuance of certificate of origin or Health Certificate of export commodities,” Airlangga told reporters at the Presidential Office Complex, Jakarta, Monday (2/3).
Regarding import, the Minister asserted that importers with good records can be excluded from export restrictions and prohibitions. The Government is also evaluating and preparing policies on real sector and several commodities such as automotive, electronics, pharmacy, textile, garment, and capital goods.
“In addition, we will maintain the price of food and beverage because the sector will affect inflation rate,” he said.
For that reason, he added, the Government will monitor inflation rate this month. If the price of food and beverage increases, it will be pushed down to maintain the inflation rate ahead of this year’s Eid al-Fitr. (FID/EN)
Translated by : Rany Anjany
Reviewed by : Mia Medyana