TEMPO.CO, Jakarta - Director of the Institute for Economics and Development, Enny Sri Hartati warned President Joko ‘Jokowi’ Widodo’s stance that refused to receive aids from the International Monetary Fund (IMF) or from the World Bank because this move, she said, would give the impression as if Indonesia would be closer to China in economic sectors.
"There seems to be a hidden agenda here. It’s like what happened during President Soekarno’s administration,” Enny said on Monday, 24 April 2015.
Enny said that the move was understandable because China is one of the largest global economies and despite the slowdown, China’s economic growth has been relatively higher than that of other countries.
Although Indonesia needs China to finance infrastructure development, Enny said, Jokowi must continue to uphold the equality principle.
"Don’t let them end up exploiting us,” she said.
"The President only said that we must not depend on those three institutions," Kalla said after a bilateral meeting with several world leaders at the 60th Commemoration of the Asian African Conference in Jakarta.
Govt Stops Investment in Fisheries Sector for Foreign Investors
TEMPO.CO, Jakarta - Minister of Maritime Affairs and Fisheries Susi Pudjiastuti said that the government would not open opportunities for foreign investor to make investment in fisheries sector.
"The measure is done so that foreigners cannot our maritime products,” she said.
Foreign investors, she said, may only make investment in the downstream sector.
"We’re going to provide investment in sectors such as in sea food processing, marketing, refinery of sea weeds," she said.
