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Jakarta Post

Govt on alert to monitor external challenges in 2019

  • Marchio Irfan Gorbiano

    The Jakarta Post

Jakarta   /   Fri, December 7 2018   /  02:42 am

The government has said it will continue to monitor the latest global developments to ensure that its fiscal policy next year remains capable of boosting Indonesia’s economy amid a challenging outlook in the global economic environment.Finance Minister Sri Mulyani Indrawati said the global environment next year was still challenging amid uncertainties such as the ongoing trade tensions between the United States and China — despite a slight détente between the world’s two biggest economies following the recent G20 meeting in Buenos Aires, Argentina. She added that the government would direct its fiscal policy, particularly the 2019 state budget, toward maintaining the stability of the domestic economy.“We will safeguard the state budget in 2019 so that it will still be able to act as an anchor of stability,” said Sri Mulyani in Nusa Dua, Bali, on Thursday, adding that the gover...