Deputy Minister of Finance Increases Investment Literacy to Revive the Economy

Detiktoday.com – National development is challenged by the Covid-19 pandemic. So, the government responded quickly by issuing a set of policies to tackle this pandemic while accelerating its economic recovery. Deputy Minister of Finance (Wamenkeu) Suahasil Nazara said that with the current state of state spending increasing while state revenues were under pressure, there were a number of policy changes in the APBN deficit that the government had to make to finance handling of the pandemic, as well as efforts to continue the government’s development priorities .

He conveyed this at a Webinar Talkshow with the theme “Enabling Investment Literacy, Generating the National Economy” virtually on Saturday (17/10).

He also revealed that one of the keys to avoiding the middle income trap is investing. Investments in financial products made by society at the individual level are a good thing and it is necessary to promote understanding of this matter. Meanwhile, the Deputy Minister of Finance also said that the government provides investment products that are guaranteed and can be purchased by Indonesians.

“The government, as a party present in the midst of the economy, also includes those that carry out financing activities and provide products for investment. We hope that the investment products issued by the government are purchased by our own residents, “said the Deputy Minister of Finance.

The Deputy Minister of Finance explained that the definition of Indonesian population is people who live, work, and enjoy all the facilities and wealth in Indonesia. With the financial investment made by the people of Indonesia, people have the opportunity to invest. On the other hand, the country gets the opportunity to build faster.

An investment product that can be used by the public is Indonesian Retail Bonds (ORI). The Deputy Minister of Finance said that ORI was designed to attract more public participation and interest in buying it. Other ORI issuance objectives are to finance the state budget, diversify sources of financing, manage the country’s debt portfolio and expand the investor base.