Three days ago I saw a news in Metro TV-an Indonesian local TV. Indonesian government that day announce to the public that guarantee for the savings at banks account are increased. Before its only Rp 100 million, now become Rp 2 billion the amount of saving that guaranteed by the government.
The government of Indonesia change the policy to anticipate the global economic crisis. As we know recently there is economic crisis in US and many other countries. To prevent the money in Indonesia goes out of Indonesia the interest rate were increased too. The slowing down of economic growth in China also will have effected other countries. China growth in 2007 was only 12%, this year 2008 will be around 9%.
Indonesia economic growth this year today is 6,9%. Many economic experts forecast that next year the economic growth will decrease around 2% up to 3%. We must be aware and prepare the bad things that will occur next year. How about you? If you have any comment, please leave it here.
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