ID :
23800
Fri, 10/10/2008 - 21:03
Auther :
Shortlink :
http://m.oananews.org//node/23800
The shortlink copeid
CENTRAL BANK GOVERNOR TO CUT SHORT VISIT TO US
Tangerang, Indonesia, Oct 10 (ANTARA) - Bank Indonesia Governor Boediono will soon return home from the US for coordination with the government with regard to dealing with the current world financial turmoil.
"He will indeed return home soon. Finance Minister Sri Mulyani who earlier also planned to go to the US has also done it. This means we are now closing ranks," presidential spokesman Andi Malarangeng said on the sidelines of President Susilo Bambang Yudhoyono's visit to Bintaro Jaya to dedicate Bani Umar Mosque.
He denied that Boediono's decision to cut short his visit to the US was made upon the request of President Yudhoyono.
The government and the central bank were now closing ranks with regard to determining fiscal and monetary policies and ensuring that all the policies that were taken were correct.
Boediono was scheduled to stay in Washington until October 17 to attend an International Monetary Fund (IMF) meeting but he would cut short the visit and return home on October 13.
Andi denied that the government including the President had panicked because of the crisis.
"No. That is why we always come to every event. Yesterday, we also attended the screening of the film 'Laskar Pelangi'. There is no need to panick," he said.
Andi said that in principle the country's economic fundamentals were strong so there was no need to panick. However, he said, the government would continue monitoring developments in the world's economic situation.
Regarding President Yudhoyono who issued statements on the current world crisis every day, Andi said that it was not a sign of panic but "an effort to assure the people and to make them understand that the system continues to work well and the President directly leads the taking of various measures."
On the suspension of stock exchange trading on Friday, Andi said that it had happened not because market participants no longer trusted the government's performance or its statements but because the share index had fallen as a result of investors, many of them foreigners hailing from the US or Europe, selling their Indonesian shares to offset their losses in Europe and the US.
"So, the factor is not us but the global situation and global participants." he said.
"He will indeed return home soon. Finance Minister Sri Mulyani who earlier also planned to go to the US has also done it. This means we are now closing ranks," presidential spokesman Andi Malarangeng said on the sidelines of President Susilo Bambang Yudhoyono's visit to Bintaro Jaya to dedicate Bani Umar Mosque.
He denied that Boediono's decision to cut short his visit to the US was made upon the request of President Yudhoyono.
The government and the central bank were now closing ranks with regard to determining fiscal and monetary policies and ensuring that all the policies that were taken were correct.
Boediono was scheduled to stay in Washington until October 17 to attend an International Monetary Fund (IMF) meeting but he would cut short the visit and return home on October 13.
Andi denied that the government including the President had panicked because of the crisis.
"No. That is why we always come to every event. Yesterday, we also attended the screening of the film 'Laskar Pelangi'. There is no need to panick," he said.
Andi said that in principle the country's economic fundamentals were strong so there was no need to panick. However, he said, the government would continue monitoring developments in the world's economic situation.
Regarding President Yudhoyono who issued statements on the current world crisis every day, Andi said that it was not a sign of panic but "an effort to assure the people and to make them understand that the system continues to work well and the President directly leads the taking of various measures."
On the suspension of stock exchange trading on Friday, Andi said that it had happened not because market participants no longer trusted the government's performance or its statements but because the share index had fallen as a result of investors, many of them foreigners hailing from the US or Europe, selling their Indonesian shares to offset their losses in Europe and the US.
"So, the factor is not us but the global situation and global participants." he said.
