FILE PHOTO: Indonesia's Finance Minister Sri Mulyani Indrawati attends the World Economic Forum on ASEAN at the Convention Center in Hanoi, Vietnam September 12, 2018. REUTERS/Kham
JAKARTA - Indonesia Finance Minister Sri Mulyani Indrawati said on Tuesday that authorities are prepared to use all measures they implemented during the 2008 global financial crisis to stabilize financial markets.“We will guard the market mechanism so its integrity remains intact, while preventing excessive profit taking and excessive speculation in this abnormal situation,” she said.
She said the recent dive in global markets due to plunging oil prices and coronavirus fears had been “extraordinary” and said the government will move to prevent it from hurting Indonesia’s economy.
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