President calls for more economic optimism

The Jakarta Post, Jakarta | Mon, 12/27/2010

President Susilo Bambang Yudhoyono called on all parties to be more optimistic in their economic projections to help improve prospects in the coming years.

Yudhoyono made the remark during a limited cabinet meeting on economic projections for 2011. The meeting included a presentation from the Bank Indonesia governor.

The President said that fiscal and monetary policies were critical in pushing economic growth.

“Both have to be intertwined so that economic policies could attain the best results,” he said, as reported by kompas.com.

Job creation and guarding inflation were fundamental in stabilizing the macro economy and creating a conducive environment for economic growth, he added.

Yudhoyono said that prudent and accurate economic policies could bolster and boost Indonesia’s economy, including the real sector.