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View all search resultsIn an effort to overcome the impacts of the U
In an effort to overcome the impacts of the U.S/European economic meltdown in Indonesia, the government, Bank Indonesia, banking sector and exporters need to take strategic steps as follows:
First, exporters need to take aggressive actions and diversify their export products and export markets and help to reduce dependency on the U.S./European markets.
Second, reduce imports of nonessential goods to balance the country's payments.
Third, strengthen the banking sector by maintaining a sustainable lending growth that can support acceptable economic growth and control inflation rates.
ABDUL RAHIM
Tangerang
When global recession occurs, even experts of economic super-powers are at a loss to find effective remedies. So how can we -- small investors with our savings -- who can only watch the value of our investments dwindle down or be wiped out. But we should remain optimistic and pray for God's blessing.
SOEBAGJO SOETADJI
Jakarta
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