Strengthen the domestic economy, the import will be more selective

JAKARTA, KOMPAS.com – Finance Minister Sri Mulyani Indrawati conveyed one of the government's measures to strengthen the resilience of the national economy in the face of the global economic turmoil is to focus on imports.

necessary only. Growth is not too high as the government continues to push exports.

"We continue with Bank Indonesia and OJK (Financial Services Authority) to reduce the current account deficit by supporting tourism exports and various foreign exchange-generating activities, starting with examining import requirements and if this is the case. is really necessary for the Indonesian economy, "said Sri Mulyani at a meeting in the House of Representatives on Tuesday (3/7/2018).

According to Sri Mulyani, by examining the imported components, one will see the type, whether in the form of raw materials or equipment goods. After reviewing the type, the government will evaluate if the import is strategic and can support the national economy.

Aside from the government, Sri Mulyani also reminded the private sector to participate by doing the same. This must be done by the private sector in order to be aware of the impact of higher interest rates and the rupee's movements against the US dollar continue to experience a downward trend.

"They (private) also need to take the steps we are taking to adjust so that the economy can better absorb that shock and not cause turbulence," said Sri Mulyani.