Three Years of Jokowi-JK Succeeded in Reducing Inflation: KSP

Padang, (Antaranews Sumbar) - Officials of Presidential Staff Office (KSP) said in three years of President Jokowi and Vice President Jusuf Kalla journey succeeded in reducing national inflation from 8.36 percent in 2014 to 3.61 percent in 2017. "Nationally, the inflation rate has fallen sharply in the last three years so prices are getting more affordable," Deputy II Chief of Staff of President Yanuar Nugroho said in Padang on Tuesday at a the national discussion of Jokowi-JK Three Year Road Show held by Faculty of Social and Political Sciences of Andalas University Padang in collaboration with KSP. Yanuar conveyed that economic growth in the country is also quite stable in the position of 5.01 percent in first quarter of 2017. Compared to other countries such as Thailand only grew 3.7 percent, South Korea 2.7 percent and Russia 2.5 percent, Indonesia is relatively stable amid a slowing world economy. He acknowledged Indonesia's economic growth is not too high but entered number four in the G20 countries. On the other hand, the ease of improving its ranking also continues to rise. That it the rank 120 in 2014, then became rank 72 in 2017, he pointed out. Then the Indonesian entrepreneurship ratio rose from 1.65 percent in 2014 to 3.01 percent in 2017, he added. (cha) Translator: Vicha Faradika