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Home  >>  Daily News  >>  Indonesia News  >>  Economy  >>  Indonesian President sees crisis ending soon

NEWS UPDATES 11 September 2009

Indonesian President sees crisis ending soon

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Indonesian President Susilo Bambang Yudhoyono said he was optimistic the current global financial crisis would end in 2010, followed by recovery in 2011 and further economic growth, state news agency Antara reported.

He expressed the optimism at a fast breaking gathering with board members of the Indonesian Chamber of Commerce and Industry (Kadin) at the Jakarta Convention Center on Thursday.

"Our hope is it will end in 2010 and in 2011 economic growth will begin," he said.

He called on all Kadin members and national businessmen to join the government in supporting growth and to contribute to settle the impact of the crisis in the country.

President Yudhoyono meanwhile said that the government would continue current bureaucratic reform which certainly would benefit business community and promote national economic growth.

Yudhoyono won a re-election in a recent presidential race pairing up with economist Boediono, who also attended the gathering that evening. Yudhoyono and Boediono will be sworn in as president and vice president for 2009-2014 period next month.

 


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