Jakarta, March 21 (ANTARA) – Based on predictions made by various institutions, Indonesia’s exports will experience negative growth this year due to the global economic crisis that has cut people’s purchasing power and drives down export volumes. “Indonesia’s exports in 2009 are expected to experience a negative [...]
Filed under: Economic Crisis | Tagged: Exports | 1 Comment »
Jakarta, March 13 (ANTARA) – The Indonesian government is making several approaches to world financial institutions to obtain US$5.5 billion in stand-by loans to realize its idea of establishing a Public Expenditure Support Facility (PESF). The PESF is one of the Indonesian government’s efforts to deal with [...]
Filed under: Economic Crisis | Tagged: Loans | Leave a Comment »
Jakarta, Jan 31 (ANTARA) – The Rp71.3 trillion fiscal stimuli set aside by the government to stimulate the national economy in facing the impact of the world economic crisis this year should be given to sectors which could generate multiple economic effects and produce multiple economic outputs. “A fiscal stimulus is really needed in the [...]
Filed under: Economic Crisis | Tagged: Stimuli | Leave a Comment »
