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Indonesia to unveil new policy to smooth flow of goods

March 22, 2017


Abstract : The Indonesian government will launch a new policy to accelerate flow of goods in sea ports, a move aiming at boosting competitiveness of products at the global market and reducing inflation in the country, a senior official said here Tuesday.

JAKARTA, March 21 (Xinhua) --The Indonesian government will launch a new policy to accelerate flow of goods in sea ports, a move aiming at boosting competitiveness of products at the global market and reducing inflation in the country, a senior official said here Tuesday.

The move came as Indonesia planned to rise shipment of products overseas amid the efforts to accelerate economic growth. Higher inflation may erode people's purchasing power in the country where consumption contributes the most to the economic growth.

"Logistical matter remains expensive in Indonesia. The speed of flow of goods in seaports is still not maximal," said Lukita Dinarsyah Tuwo, secretary at the coordinating ministry for economy.

Long dwelling time and bureaucracies at sea ports have contributed to high prices of goods in the archipelago country, and increased prices of products that must be paid by importers.

"Our target is clear. We want to reduce the high cost in transport of goods," the official said. Endtiem

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Keyword: Indonesia-unveil-new-policy-flow-goods

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