President`s Yudhoyono address reflects eco-social market economy policies
"What has been outlined in the state address answers pro-people issues and can be called the framework of eco-social market economy policies," Fadel said here Tuesday.
According to Fadel, the contents of the president`s state address was conform with his pro-people vision, and thus cabinet ministers including himself should be ready to implement it.
He also hoped the budget allocation for pro-people programs would be used in the best possible ways.
Earlier, at an Indonesian International Conference Focus on Indonesian Economy (IICFIE) 2011 in Jakarta on July 21, Fadel had said that the Indonesian economy in general was moving towards an ideological system.
The system was correcting the free market economy system which was considered unable to give welfare to all the peoples in the current time, he said.
In addition, he said, in general the Indonesian economy grows well as the economic growth rate is still over six percent in 2011.
"The foreign exchange also amounts to more than US$100 billion in the middle of 2011. It has never happened before," he noted.
He pointed out that the current Indonesian economy is in a very healthy condition compared to that when the economic crisis happened in 1998 and early time of reform era.
That time, Indonesia was taking measures towards transparency and at the same time maintaining the stability. "We managed to pass the phase of crisis and making economic recovery," he said.
Thus, he said, to develop Indonesia, it is not only the growth rate that should be heeded but also other things like distribution, income and creation of job opportunities.
(T.M040/KR-LWA/HAJM/H-YH)
Editor: Priyambodo RH
COPYRIGHT © 2011
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