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BUSINESS POTENTIAL – Public discussion continues from time to time about the state of Indonesia having a very large debt, he said, the reason Indonesia is in debt is because state spending is higher than current state revenue.
Indonesia needs a large amount of funds for the construction of infrastructure, such as roads and other infrastructure, that can have a positive economic impact on the wider community.
This is deemed necessary considering that Indonesia’s infrastructure index is still far behind other countries. Like Vietnam, Malaysia, China. and India.
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As quoted by RRI’s Zonajakarta.com, Finance Minister Sri Mulyani Indrawati said that Indonesia had faced difficult conditions since Indonesian independence.
“From 1945 to 1949, Indonesia was still in a situation of intimidation, confrontation and even Dutch aggression. Those political, military, security and economic conditions are uncertain,” said Sri Mulyani during his presentation at the Opening of the Trade Show. Financial, on Monday (10/12/2020).
Indonesia’s debt, he said, has actually reached the billions. And this debt is already a legacy of the Netherlands.
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He said if Indonesia has inherited a damaged economy and debt.
“When this government started to become independent. We did not have all the assets. The existing assets were damaged by the war, all and the previous investments made by the Dutch became investments of the Indonesian government,” he explained.
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