Macroeconomic stability, in our view, is the element of continuity for the Indonesian economy in transition. In this regard, I would like reiterate our commitment to maintain the stability of our economy. 27. I would also like to emphasize here the remarkable progress in the nation’s journey to democracy.
Less than two decades ago, if we recall, there was an imminent risk of “balkanisation” following a devastating financial crisis and an abrupt regime change. But now we are viewed as a strong and stable democracy, supported by institutional reforms in both private and public spheres. 28.