Jakarta - Coordinating Minister for Economic Affairs (Coordinating Minister for Economic Affairs) Airlangga Hartarto again emphasized that Indonesia's economic fundamentals are still strong.
He explained that Indonesia's current macroeconomic conditions are better than the previous crisis period. In fact, according to him, the depreciation of the rupiah is still around 5 percent, much lower than the past economic turmoil.
This was conveyed by Airlangga at the Presidential Palace Complex, Jakarta, Friday, May 22. According to Airlangga, the government learned from the experience of past crises to anticipate future pressures.
Airlangga said President Prabowo asked the government to monitor regulations to strengthen financial conditions and maintain the principle of banking prudence.
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