Steps that can be done
Indonesia's economy can grow large and independent without the grip of fear of the influence of other nations as long as there is a joint commitment between the people and the government to change it together by managing and improving the quality of MSMEs, these businesses must be empowered with professional skills, and make clusters business according to interests and business categories to be focused. The government must also facilitate MSMEs with legal protection that benefits MSMEs.
The foreign debt can also be resolved by selling debt securities to the public to stabilize the debt. Like Japan, Japan has the highest debt ratio, which is 227.2% of the ratio in 2014, which is 165.5%, but why is Japan still fine and independent, it's because 90% of Japanese debt securities are bought by their own people, so that the interest payment funds stay in the country. Indonesia should also be able to adopt the strategy carried out by China, namely selling debt securities in the people themselves, which would certainly benefit both with the people getting from interest and for the government itself, this is a step to gain public trust and eliminate foreign grip.
In addition, by selling to the people themselves, the debt will not increase even more because the debt exchange rate is the rupiah, not a dollar exchange rate. Therefore there must be firmness and synchronicity from the people and the government to make the independence of the country so that our economy is not affected by fears of other countries.
Nama : Ulfa Nur Habibah
Badko : Jawa Timur
Kode Tugas : 03
