JAKARTA - Finance Minister Agus Martowardojo sure if the conflict on the Korean Peninsula between the South Korean (ROK) and North Korea (North Korea) will not affect domestic economic fundamentals.
If anything affects the economy of Indonesia, then it is only temporary and will re-stabilize the Indonesian economy in the near future.
"We Koreans are concerned, but we already know because Korea is actually over the years status truce. So if it comes to any dispute between North Korea and South Korea we can understand because it has not finished. But as a developing country, It would be the effect if the war canal , but we believe there is an influence even though it is temporary. For Indonesia, we will re-stabilize, "he said when met at the Parliament Building, Senayan, Jakarta, Wednesday (24/11/2010).
No doubt, the attack carried out against South Korea North Korea raises concerns that there is influence on the economy. Feared would be no crisis affecting economic growth in Asia, compounded by China's policies.
Agus had to dodge if the result of that conflict will affect growth in Asia and East Asia Tenggaran. According to him, both regions plus Latin America today has become a source of global growth fund will continue to grow in the future.
"We agree with that because baseball Southeast Asia is actually a source of global growth today. East Asia and America
latin. So I berkeyakinanan that the future of East Asia will continue to grow, Latin America continues to grow. But the area that needs consolidation is an area of Europe and America, "he said.
Previously, Bank Indonesia (BI) alert to the possibility of the worst that can happen to the Indonesian economy which ignited the conflict on the Korean peninsula between South Korea (ROK) and North Korea (North Korea).
However, BI deputy governor Budi Mulya not want to rush to the conflict expressed concern and the central bank will continue to monitor developments.
"What happened in South Korea would have an impact on other countries, including Indonesia. What happens in the global negative would have no impact, but would like what's the impact of course we'll see what kind," said Budi Mulya.
As known, global economic conditions recently influenced an unstable political situation in Ireland and the conflict on the Korean peninsula so that success in reducing prices of some commodities, and euro as investors turned away from risky assets.
EU urges Ireland to implement the budget as promised savings to the EU countries and the IMF. This is a political step to menyelematan the country's economy. As a result, the euro was languishing at its lowest position within two months. The threat of impairment also is likely to continue.
While South Korea memperingkatkan North Korea will conduct a massive retaliation if it took more aggressive steps after Pyongyang battered all-out by North Korea. This attack is the greatest attack since the Korean War ended in 1953.
U.S. stock market weakened due to investors to sell due to tensions on the Korean peninsula and concerns and as a debt in the Euro Zone. (Eden)
By rani, okezone.com, Updated: 11/24/2010 6:00 AM
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