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Govt strives to move away from global economic slowdown trend: Minister
Finance Minister Bambang Brodjonegoro has said that attracting investment has become the main goal for Indonesia as it hopes doing so will improve economic conditions
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inance Minister Bambang Brodjonegoro has said that attracting investment has become the main goal for Indonesia as it hopes doing so will improve economic conditions.
'We strive in 2015 to move away from the current global economic growth slowdown trend. As we cannot expect too much from consumption and exports, our last hope is to push investment,' he said as quoted by Antara on Wednesday.
The minister said that the kind of investment that still had an important role was infrastructure financing.
Bambang went on to say that the government could attain infrastructure financing through various instruments, such as rupiah-denominated government bonds as well as non-rupiah bonds.
To attract more investment, the minister said the government was striving to expand the basis of investors and carry out active portfolio management while at the same time it continued to strengthen the roles of state-owned enterprises through state capital injections.
'We have also maintained relationships with investors,' said Bambang.
He said financial sources to fund Indonesia's development activities were widely available but the critical thing was how to maintain both domestic and foreign investors' trust.
Bambang said it was also important to boost third-party funds both in the banking sector and capital market to maintain the active contribution of Indonesia's public toward the national economy. (ebf) (++++)
