JAKARTA - Vice President of the Republic of Indonesia Ma'ruf Amin believes that the Indonesian capital market will be able to get better this year. This optimism was conveyed when opening the 2024 Indonesia Stock Exchange (IDX) trading.

"Overall, 2024 still shows signs of optimism," he said at the opening of the inaugural trading of the Indonesia Stock Exchange, Tuesday, January 2, 2024.

Ma'ruf conveyed that this optimism was reflected in the positive performance of the capital market last year, although the global economy and geopoliticals were not optimal, Indonesia's economic growth was still stable compared to other developed countries that had slumped.

"The global economic turmoil due to commodity price fluctuations and geopolitical fragmentation demands flexible, measurable and reliable anticipation and policy responses in fiscal and monetary," he explained.

In addition, Ma'ruf also revealed that in addition to maintaining capital market stability, positive growth can also be seen from increasingly crowded trading activities.

"The number reaches more than 12 million and this indicates good community participation," he explained.

Ma'ruf also appreciated the various positive achievements from the IDX and is expected to provide an injection of optimism for capital market players and the wider community in general.

"With the execution of the right strategy and policy, I believe the capital market will be able to work brighter," said Ma'ruf Amin.


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