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The president, in his digital remarks on the CNBC Indonesia Financial Outlook 2022 occasion broadcasted by the Presidential Secretariat right here on Tuesday, remarked that Indonesia had been dealing with a number of world uncertainties and challenges that had continued to extend. The COVID-19 pandemic, ongoing for 2 years, has not ended but in 2022.
The top of state famous that the world financial system has not but totally recovered and a number of other international locations all over the world had been reeling from vitality shortage, meals shortage, container scarcity, and excessive inflation.
“When the world financial system began to get well, final month, in February, there was a struggle, which made all international locations dizzy,” he identified.
In February 2022, Russia introduced a particular navy operation towards Ukraine, which has heightened world geopolitical tensions thus far.
He assessed that the struggle would worsen the world financial disaster and enhance political tensions worldwide.
“Oil costs have gone up, fuel costs have gone up, fertilizer uncooked supplies’ costs have gone up, and wheat costs have gone up; and naturally, inflation has additionally elevated,” the president acknowledged.
President Jokowi emphasised that these issues are challenges for a number of international locations on the earth, together with Indonesia.
He careworn that these challenges have to be dealt with very rigorously.
Dealing with these challenges requires cooperation and collaboration between the federal government and enterprise actors in addition to quick and exact insurance policies and efficient implementation, he added.
Jokowi conveyed that as a way to stop the group from falling victims to world uncertainties, investments that create jobs should proceed to be elevated and inclusive and equitable financial progress have to be constantly pursued.
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