Skip to main content

Reelected SBY to prioritize economic recovery

Erwida Maulia , The Jakarta Post , Jakarta | Wed, 07/08/2009 10:08 PM | Presidential Election

Likely president elect Susilo Bambang Yudhoyono, who is leading the polls according to the results of all major quick counts, says he will prioritize efforts to pursue economic recovery in the short term.

Responding to journalists, Yudhoyono said that although Indonesia's economy was working well amid the global economic crisis, it would remain his priority to ensure it continued to do so, as the crisis was not over yet.







"We have to do more to maintain our economic momentum, in achieving positive growth this year, in controlling unemployment," Yudhoyono said Wednesday night at his private residence in Cikeas, south of Jakarta, after several quick count results indicated that he might very well have won the presidential election in a single round.

"And I have to complete the existing programs we have started five years ago when I was elected President."

The programs, Yudhoyono said, include ensuring good governance, continuing bureaucratic reform, combating corruption, and a business climate conductive to economic development.

In addition, he said he would ensure that decentralization and regional autonomy practices work well, accelerate regional development and continue with the current poverty reduction programs, which he said are "working-well".

Comments

Popular posts from this blog

Royal garb

Kim Kardashian reacts to photographers at the Noon by Noor launch event in West Hollywood, Calif., Wednesday night. Noon by Noor is a fashion collection designed by Kingdom of Bahrain royalty Noor Rashid Al Khalifa and Haya Mohammed Al Khalifa. (AP/Chris Pizzello)       The Jakarta Post | Thu, 07/21/2011 3:04 PM

US Stocks Surge to Highest Level of Year on Housing News

By Mil Arcega Washington 24 July 2009 The benchmark Dow Jones industrial average of the top US companies broke the 9,000 point mark Thursday on strong earnings reports and an improving housing picture. Wall Street extended its recent gains Thursday after a new housing report showed sales of previously owned U.S. homes rose at an annual pace of 3.6 percent in June. It was the third straight month of rising home sales. "The markets are reacting to the news today in the context of other things they've been seeing and reading in recent weeks, and that's that the economy does appear to have hit a bottom," said David Resler, chief economist at Nomura Securities. Investors reacted positively to earnings reports from Ford, Ebay, AT&T and higher sales of Apple's new iPhone. Resler says the positive earnings give a much needed confidence boost for the struggling U.S. economy. "I think...