Yudhoyono Says RI Economy Still Facing Heavy Pressures
Bandar Lampung (ANTARA News)
- President Susilo Bambang
Yudhoyono said the
government had made various
efforts to reduce the impact
of the world economic crisis
but the country`s economy
was still facing heavy
pressures.
"The world economic
recession is still going on.
Though we are now able to
manage it, I have to be
honest and admit that the
global recession is still
posing a heavy burden (to
the country`s economy)," the
president said when opening
a `Tanwir` (regional
leadership meeting) of the
country`s second largest
Islamic organization,
Muahmmadiyah, here on
Thursday.
He said the government had
been working hard since six
months ago to anticipate the
crisis so that a crisis with
impact extent similar to
that in 1997 would not
happen.
The 1997 economic crisis was
not anticipated with the
right steps so that it
ruined the national economy,
he said.
"The government, banks and
economists have gathered day
and night to discuss efforts
to reduce the impact of the
ongoing crisis. Therefore,
we are doing what we can to
overcome the problems the
crisis had caused," the head
of state said.
He said the global financial
crisis had happened due to
extremely greedy financial
transaction practices which
sought temporary profits but
ignored humanitarian
aspects.
"Global governance has not
been able to solve the
present financial problems,
leaving the world`s economic
system to become even weaker
and weaker," he said.
He said the matter should
not be ignored so that the
government should safeguard
the national economy and
then take part in global
efforts to restructure and
correct the world economic
system.
President Yudhoyono on the
second day of his two-day
working visit in Lampung
province opened the second `Tanwir`
meeting of Muhammadiyah.
On the occaion, Muhammadiyah
chairman Din Syamdussin said
that Muhammadiyah would
always support a government
which ran the administration
well and correctly.
"Muhammadiyah will not be
reluctant to carry out its `amar
ma`ruf nahi mungkar` (doing
good deeds and preventing
wrong ones) mission, to
criticize and to correct the
mistakes made by an
untrustworthy government,"
he said.
Muhammadiyah was organizing
the meeting to prepare
internal rules for the
election of an executive
board for the 2010-2015
period. (*)
