VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

President Joko Widodo stressed the importance of maintaining trust in the domestic capital market. This trust is important to support national economic development.

Speaking while inaugurating the opening of the Indonesia Stock Exchange Trade in 2020, Thursday (02/01/2020) morning in Jakarta, President Joko Widodo said in an effort to maintain market trust in Indonesia, all relevant authorities must clean up the Indonesian capital market from dirty practices that could reduce public trust.

Jokowi even encouraged capital market manipulators can be dealt with firmly based on applicable laws so that the Indonesian capital market is clean and has integrity.

“We are heading to that direction. So we hope that the practices that I have stated in the future must be eliminated. In the future it must be cleaned. Because what we want to build is trust. A trust. I speak for sure because I hear information. And I have also conveyed it to the Financial Services Authority  (OJK) chairperson, to all IDX Managing Directors, and we have the same passion to build a trust, build trust for the Indonesia Stock Exchange (IDX),” said President Joko Widodo.

At the opening of the Indonesia Stock Exchange in 2020, President Joko Widodo also expressed his hope that in 2020 the Indonesian Stock Exchange could record better achievements.

According to Jokowi, Indonesia should be grateful because in 2019 the national economy is relatively stable amid global economic uncertainty.

The performance of the capital market in 2019, according to Jokowi, recorded an encouraging achievement, bearing in mind that the stock listing activity managed to record 55 new companies.

According to Jokowi, this is a positive achievement because it is the highest number in ASEAN and the highest number 7 in the world.

In addition, long-term fundraising through the Indonesia Stock Exchange also reached 877 trillion rupiah. According to Jokowi, this is also the highest number ever achieved. (VOI / Ndy / AHM)