JAKARTA (TheInsiderStories) — Good morning! Hundred millions of Indonesians are expected to tune in for the first presidential candidates debate today. Both pair, Joko Widodo – Ma’ruf Amin and Prabowo Subianto – Sandiaga Uno will arguing on terrorism, human rights, legal affairs and corruption.
The candidates will have five debates starting today until April 10, 2019 with various strategic issues were raised as themes to be paralleled with the two opposing teams visions and mission platforms.
The first debate will be held today. A month later, on Feb. 17, the second debate with the format of presenting only presidential candidates with themes energy, food, natural resources, the environment, and infrastructure.
Then the third debate will present the two vice-presidents, Amin and Uno will be held on March 17 with theme education, health, employment, social and culture. The fourth debate will present only the presidential candidates. The idea will take place on March 30 with theme of ideology, government, defense and security, and international relations.
The fifth debate will bring back the two presidential and vice-presidential camps. The themes are economics and social welfare, finance and investment, trade and industry. However, the date has not been determined.
In the last debate, certainly the two camps will mobilize their energy and best ideas, remembering that there is only a few weeks before the April 17 general election. Winning people’s hearts and minds through programs and ideas will become an urgent concern.
Yesterday, market moved consolidating ahead of Ban Indonesia’ announcement over the 7-Day Reverse Repo (BI 7-DRR) rate. Rupiah depreciated by 0.49 percent to 14,154 compared to US Dollar. While, the Jakarta Composite Index rose a little by 0.07 percent to 6,413.36, with high foreign inflow at Rp1.45 trillion (US$102.84 million).
In a meeting with House of Representatives, Wednesday, BI Governor Perry Warjiyo stated that the benchmark rate almost reach its peak. Analysts predicted that the central bank will maintain the rate at 6 percent amid US’ Federal Reserve’s prudent step this year.
The Bank learnt some lessons from 2018’s not-so-fine economic condition. So this year, Warjiyo said, the central bank will focus on economic stabilzation and resilience amid global uncertainty. In 2019, BI’ policy will be pro-stability for economic growth.
Furthermore, amid protests of Financial Services Authority’s regulation in determining zero down payment on vehicles installment, authority stressed that it will be implemented very selectively.
An official said, only financing companies with lower than 1 percent non-performing financing (NPF) that can implement the zero down payment. Moreover, the debtors must be secure in terms of employment and debt records.
Authority asked people not to worry. The Financial Services Authority Regulation number 35/POJK.05/2018 about Financing Company Business Implementation aims to encourage financing industry growth. The rules also lift financing companies role in national economy.
From Global side, British’ prime minister Theresa May insisted to bring the country out from European Union on March, 2019 even the parliament rejected her proposal. British exit (Brexit), she said is the better way to make the country become better in the future.
May you have a profitable day!
Written by Linda Silaen and TIS Intelligence Team, Please Read Our Insight to Get More information about Indonesia