Vice President Hopes Indonesia-Singapore To Continue Partnering In Overcoming The Pandemic

JAKARTA - Vice President Ma'ruf Amin hopes that Indonesia and Singapore can continue to be partners and work together in overcoming the COVID-19 pandemic crisis in both countries. "I hope Indonesia and Singapore will continue to be partners, move forward together in tackling the pandemic, and overcome challenges. global," said Ma'ruf Amin while receiving an honorary visit from Singapore's Coordinating Minister for National Security Teo Chee Hean at the Vice Presidential Palace in Jakarta, quoted by Antara, Wednesday, December 1. The economy is still improving, particularly in terms of investment. The Vice President said that in the third quarter of 2021, Singapore's investment in Indonesia has increased by 2.8 percent. Singapore's total investment in Indonesia for the January-September 2021 period reached US$7.3 billion. "Singapore's investment in Indonesia in the third quarter increased by 2.8 percent," said Vice President Ma'ruf Amin. Indonesia and Singapore in the new energy development sector because it is a joint task in preserving the earth for the next generation. Regarding monetary cooperation, the Vice President appreciated the bilateral financial cooperation between the two countries through Bank Indonesia and the Monetary Authority of Singapore (MAS). It is very good to support monetary and financial stability in both countries and help recover from the pandemic," he said.

Meanwhile, Teo Chee Hean said that the cooperative relationship between Indonesia and Singapore in the economic and investment sectors is getting stronger. According to Teo, the value of Singapore's investment in Indonesia in 2020 will increase by 50 percent or reach 9.8 billion US dollars. said Theo.