Bank Indonesia (BI) states that the effect of the global crisis in the United States does not have a major impact in economic growth in Indonesia.
"Resilience of liquidity and our capital is still strong resistance from market risk. there is not much interference, since most of the securities owned by our country's domestic securities is primarily the SBI (Bank Indonesia Certificate) and GS (Government Securities)," said Director research and Regulation of BI, Halim Alamsyah, in Jakarta yesterday.
By far, Halim explained that Indonesia did not experience constraints in the availability of liquidity. "If the crisis is that there are problems with the availability of liquidity, in the condition in Indonesia I think we do not have that liquidity difficulties," he explained.( Vivanews )
According to Halim, global influence, especially American and European crisis will not bring great influence both the short, medium and long term. "That is, if in the long Asian economies declined, automatically it will be exposed to the growth of our exports and it will slightly reduce the speed of our economy but little. However, the results of the simulations we did Indonesia's economy is strong enough," he said.
