00:00Indonesia's Geo-economy
00:05Meanwhile, the senior economist asked the government to continue to monitor the growth of the United States' geo-economy
00:11under the leadership of President Donald Trump.
00:14Although Indonesia is already in the 7th position in the list of countries with the largest economy in the world,
00:20the effects of the US' geo-economy cannot be overlooked.
00:25Senior economist and Executive Director of the Segara Institute, Peter Abdullah,
00:29assessed whether the fast or slow growth of the US' geo-economy can have a wide impact
00:34on the performance of the global market in Indonesia,
00:37where the dynamic of the global economy can potentially make the value of currency exchange
00:41and the global community price unstable.
00:44This can have an impact on the domestic economy.
00:47Therefore, Peter Abdullah hopes that the government can anticipate the dynamic of the global economy
00:52by strengthening the domestic market and expanding the export market to other countries.
01:02The extraordinary mineral is our export engine.
01:07But we have a weakness.
01:09Our service trade is always negative.
01:13Our primary income is always negative.
01:17The second reason is that our current account is always in a relative deficit position,
01:25except for the last few years when there was a surge.
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