Jakarta, Aktual.com – President Joko Widodo (Jokowi), claimed to be surprised by the condition of the national banking system still set high interest rates. According to him, this happens because of problems in the national banking system during this time can not be resolved properly.
“Actually, the key is simple. Other countries could (low interest rates), why are we still at higher interest rates?” He stated in the show Indonesian Economists Association (ISEI), in Jakarta, Wednesday (30/3).
During this time he said, because people who wants a lot of money always ask for higher interest rates, while saving money in the bank. So with that bank to compete by offering higher interest rates.
“So, things like that are going to control. Moreover money of SOE deposited in the banks state that it very much and asked for high interest rates. Now it can no longer,” he said.
“Instead, money of SOE it is a pity only saved to rely on high-interest, but not used to things that are productive,” he stated.
Even so, he admitted could not set private banking is still looking for a big profit. “I also understand there is a high cost of money from our banks. But I hope there are no more high interest rates,” he said.
With that condition, he hope, synchronization between the financial sector and the real sector is getting stronger. So the more positive impact on economic growth.
“So, I always ask BI (Bank Indonesia), OJK (Financial Services Authority), and the government must often meeting together so there is synchronization between monetary and fiscal policy,” he stated.
This request, call Jokowi and not as a form of government intervention in BI, it is just an input only from the government.
“This is not an intervention. I just want them meeting with it,” he said.
Jokowi’s statement, answered the questions from the Chairman of the Association of Regional Banks (Asbanda), Kresno Sediarsi.
According to him, in essence, the banks welcomed the willingness of the government to bank interest rates can be a single digit. But in fact, investors who want to keep their funds always ask for high interest rates.
“So the owner of the funds was more decisive in interest tribe. That fact sir,” she lamented in front of the President.
With huge funds deposited in the banking, capitalist overseers were always asking the higher fee. “So for would not want to give high interest rates. It is incriminate us,” said Kresno.
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