Tue Jan 2020 1 year ago

UI Economist: The Importance of Improving Industrial Structure to Reduce CAD

LPEM UI Head of Macro Studies, Febrio Kacaribu projects that Indonesia's current account deficit in 2020 will be in the range of 2.5-3% of GDP. Where CAD problems are closely related to problems in industrial structure, so efforts are needed to improve the industry in the future which is capable of producing sustainable foreign exchange.

How do economists see steps to improve the structure of domestic industry, so what are the advantages of Indonesian industry that can be improved in reducing CAD? For complete details, watch Erwin Surya Brata's dialogue with the Head of Macro Studies, LPEM UI, Febrio Kacaribu in Squawk Box, CNBC Indonesia (Tuesday, 07/01/2020)

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