Sri Mulyani: RI should manage risks

The Jakarta Post, Jakarta | Sat, 04/09/2011

Indonesia should prepare against potential global shocks, such as the rising prices of basic commodities, to sustain its economy. World Bank managing director Sri Mulyani Indrawati said on Friday.

Speaking at a meeting with President Susilo Bambang Yudhoyono in Jimbaran, Bali, on late Friday, the former finance minister said the Indonesian government should keep a watchful eye on global situations.

“Indonesia’s economy has been running well, but there are some risks it should manage, like the inflation rate, infrastructure problems and the like,” Sri Mulyani said as quoted by the presidential website, presidenri.go.

Rising food prices and continuing Middle East crises were among the challenges the nation faced, Sri Mulyani said.

She suggested that the government take precautions to improve food security and cooperate with other nations to cope with challenges.