ECONOMIC ARTICLE

Weaknesses of Indonesian Economic

Chamber of Indonesia Commerce and Industry (Kadin) declared Indonesian economy that is actually very promising for both domestic and foreign investors. However, there are still weaknesses seeing by Kadin of the economy that need to be addressed. Vice Chairman of Kadin Indonesia, Novian Anindya Bakrie said, promising Indonesian economy is evidenced by incoming investment, private consumption, and vibrant business world.

“But there are still some weaknesses that Indonesia’s economic structure needs to be addressed now,” said Anindya at Menara Kadin Jakarta, Wednesday (06/03/2013).

Anindya see Indonesia’s economic weakness is in the trade deficit. Currently due to larger imports than exports then it makes more Indonesian trade balance to be deficit. Moreover, the largest import of oil and gas.

On the other hand, Anindya also highlights subsidy of oil (BBM) to the people who actually are not even on target. Current budget fuel subsidy enjoyed by the rich instead.

“As the impact, the deficit and the high pressure gas imports that led to the weakening of the rupiah,” he added.

Again, the actual budget for infrastructure even neglected. He rated in the last few months that there is no improvement of government policy so that a problem cannot be resolved. Though foreign investors intending to invest in Indonesia as it will look up the bureaucratic infrastructure. If not good, then foreign investors will pull out of Indonesia.

Comments :

I think the science is not correct because the subsidy is now the most consumed fuel that is subsidized middle and upper income earners. On the other hand should be raised in order to fix the state budget fuel, if fuel is raised then the lower middle income people objected because the price is not appropriate with their income. Seeing the condition of the Indonesian state oil imports higher than exports of the fuel subsidy should be raised, if the problem really is raised all the requirements also grow up, as well as groceries so its prices increases anyway.

So we can conclude the effects of increasing fuel subsidy is : first, if it raised it will happen against fuel smuggling, and the second, if it is not raised, our budget will not change. And the last I suggest the government should act to make further price adjustment policies through cuts in fuel subsidies.

Resources :

http://www.caramudahbelajarbahasainggris.net/2013/04/7-contoh-artikel-bahasa-inggris-dengan-topik-berbeda.html