2019 Election Is Assessed Very Influential To The Indonesian Economy
Channel Rakyat. Economic experts and business practitioners expect the 2019 Election to affect the Indonesian economy less. External and fundamental factors are considered more influential in influencing the domestic economy of the country with the largest Muslim population in the world going forward.
In about five months, the Indonesian people will welcome the General Elections (elections) - performances that are considered by many as a party for democracy. The voters will not only determine the people's representatives in the legislative body but also the leaders who preserve Indonesia in the next 5 years.
Some people consider the election to provide new hope, including for economic affairs. Elections are even considered to have a positive impact.
"I agree that the elections will have a positive impact. Every five years we start looking for new hopes. Actually, every election we always make new hopes," said Shinta Kamdani, Chair of the Indonesian Employers Association (APINDO) at the Indonesian Economic Forum (IEF), Jakarta 11/21/2018).
Another opinion links the very large money turnover due to the considerable expenditure activities of prospective people's representatives during the campaign period.
"There will be a huge circulation of money, considering the campaign. There are 28,000 people who will campaign," said Parlindungan Purba, a member of the Republic of Indonesia Regional Representative Council (DPR).
According to this DPD member from North Sumatra, elections are a political routine and ask the public not to worry.
"I have advanced three times. Yes, investors are waiting for our next leader but I say there is no problem, the business is running as usual," he said in a forum similar to Shinta.
Economic experts and business practitioners at the Indonesian Economic Forum, Jakarta (11/21/2018). Economic experts and business practitioners at the Indonesian Economic Forum, Jakarta (11/21/2018).
At present, Indonesia is seen as having a good economic perception in the eyes of investors. The challenge is actually considered to be from external things.
"If we look at the basic indicators, we are one of the best in the world," said Fauzi Ichsan, Chief Executive of the Indonesian Deposit Insurance Corporation (LPS), another speaker on the panel.
"Investors will be more worried about the US-China trade war than the general election. The 2019 election is actually good for economic growth," he said.
Similar responses also emerged from business circles. The Chair of APINDO, Shinta Kamdani, said the election was not strong enough to have an impact on the Indonesian economy.
"So what actually happens globally at the moment is uncertainty. American policy, trade war with China (China), and this all causes uncertainty. That's actually more worrying," he explained to ABC after the IEF panel (21 / 11).
Shinta highlighted Indonesia's position in dealing with the phenomenon of the current global economy and how this country could get more benefits.
"So it's not just Election, but more substantially, Indonesia's position on how to deal with this? Anyone who will come will have one homework that is not easy," the northern woman who is on the list of the 50 most women entrepreneurs influential version of Forbes Asia.
He stressed, the main problem facing Indonesia at the level of economic policy was a matter of implementation.
"I think if we make a debate today about the concept, all parties will say the same thing. I can almost confirm that."
"But there is not yet, at this stage, that is trying to overcome its implementation, because now that is the problem facing Indonesia," he said.
Shinta said, she never doubted the willingness of prospective leaders to improve economic conditions. Moreover, Indonesia is judged to have a lot of potential.
Prabowo Subianto at the Indonesian Economic Forum, Jakarta (11/21/2018). Prabowo Subianto at the Indonesian Economic Forum, Jakarta (11/21/2018).
"But again the problem is implementation, so we want to see, whoever the leader is, do they overcome this problem? Because if not, I'm worried. Potential is not enough."
"Because now Vietnam is taking our investment, even countries like Ethiopia also take investment from us. So we have to solve this problem as soon as possible."
"Because as much as we have potential, we will still be left behind if we don't solve the implementation problem."
Laode Kamaludin -Rector of Lakidende Unaaha University, Southeast Sulawesi-said, external factors did not really affect the Indonesian economy, if the foundations were strong.
"So the external factors will have an effect, but if we are strong, there will be no effect. There are people who get flu, there are those who do not? Right, right? That is what we have to see," he told ABC (11/21/2018).
The academician who was also one of the speakers in the IEF panel argued that the impact of the Election on the economy was not significant compared to the role of the economic foundation itself.
"
In about five months, the Indonesian people will welcome the General Elections (elections) - performances that are considered by many as a party for democracy. The voters will not only determine the people's representatives in the legislative body but also the leaders who preserve Indonesia in the next 5 years.
Some people consider the election to provide new hope, including for economic affairs. Elections are even considered to have a positive impact.
"I agree that the elections will have a positive impact. Every five years we start looking for new hopes. Actually, every election we always make new hopes," said Shinta Kamdani, Chair of the Indonesian Employers Association (APINDO) at the Indonesian Economic Forum (IEF), Jakarta 11/21/2018).
Another opinion links the very large money turnover due to the considerable expenditure activities of prospective people's representatives during the campaign period.
"There will be a huge circulation of money, considering the campaign. There are 28,000 people who will campaign," said Parlindungan Purba, a member of the Republic of Indonesia Regional Representative Council (DPR).
According to this DPD member from North Sumatra, elections are a political routine and ask the public not to worry.
"I have advanced three times. Yes, investors are waiting for our next leader but I say there is no problem, the business is running as usual," he said in a forum similar to Shinta.
Economic experts and business practitioners at the Indonesian Economic Forum, Jakarta (11/21/2018). Economic experts and business practitioners at the Indonesian Economic Forum, Jakarta (11/21/2018).
At present, Indonesia is seen as having a good economic perception in the eyes of investors. The challenge is actually considered to be from external things.
"If we look at the basic indicators, we are one of the best in the world," said Fauzi Ichsan, Chief Executive of the Indonesian Deposit Insurance Corporation (LPS), another speaker on the panel.
"Investors will be more worried about the US-China trade war than the general election. The 2019 election is actually good for economic growth," he said.
Similar responses also emerged from business circles. The Chair of APINDO, Shinta Kamdani, said the election was not strong enough to have an impact on the Indonesian economy.
"So what actually happens globally at the moment is uncertainty. American policy, trade war with China (China), and this all causes uncertainty. That's actually more worrying," he explained to ABC after the IEF panel (21 / 11).
Shinta highlighted Indonesia's position in dealing with the phenomenon of the current global economy and how this country could get more benefits.
"So it's not just Election, but more substantially, Indonesia's position on how to deal with this? Anyone who will come will have one homework that is not easy," the northern woman who is on the list of the 50 most women entrepreneurs influential version of Forbes Asia.
He stressed, the main problem facing Indonesia at the level of economic policy was a matter of implementation.
"I think if we make a debate today about the concept, all parties will say the same thing. I can almost confirm that."
"But there is not yet, at this stage, that is trying to overcome its implementation, because now that is the problem facing Indonesia," he said.
Shinta said, she never doubted the willingness of prospective leaders to improve economic conditions. Moreover, Indonesia is judged to have a lot of potential.
Prabowo Subianto at the Indonesian Economic Forum, Jakarta (11/21/2018). Prabowo Subianto at the Indonesian Economic Forum, Jakarta (11/21/2018).
"But again the problem is implementation, so we want to see, whoever the leader is, do they overcome this problem? Because if not, I'm worried. Potential is not enough."
"Because now Vietnam is taking our investment, even countries like Ethiopia also take investment from us. So we have to solve this problem as soon as possible."
"Because as much as we have potential, we will still be left behind if we don't solve the implementation problem."
Laode Kamaludin -Rector of Lakidende Unaaha University, Southeast Sulawesi-said, external factors did not really affect the Indonesian economy, if the foundations were strong.
"So the external factors will have an effect, but if we are strong, there will be no effect. There are people who get flu, there are those who do not? Right, right? That is what we have to see," he told ABC (11/21/2018).
The academician who was also one of the speakers in the IEF panel argued that the impact of the Election on the economy was not significant compared to the role of the economic foundation itself.
"
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