economy

Govt: Economic Policy Direction Designed To Meet Future Needs

"The government will ensure that Indonesia's economic policy direction will certainly support the needs of future development. Strengthening the quality of human resources, downstreaming the processing industry, increasing competitiveness, and reforming state institutions to become more credible will continue.

""We will continue the existing policies including investing in human resources, downstreaming and creating added value, investing more in infrastructure to increase productivity, and building credible institutions,"" said Finance Minister Sri Mulyani Indrawati when giving a speech at the Fitch Ratings activity entitled Post-Election Political and Economic Paths, held on Wednesday, May 15, in Jakarta.

In regard to investment in human resources, the government consistently allocates large enough funds to the education and health sectors. Both are considered as important capital to create quality human resources needed in achieving the vision of a developed country.

Strengthening education and health is also followed by improving the social safety net system. The government's stimulus to the poor is expected to indirectly reduce the number of poor people. 

Meanwhile, on the turnaround side, the government is also committed to encouraging the downstreaming of natural resources, especially critical mineral commodities to create added value. The added value will later contribute to the economy."