The President of Indonesia: the dependence of the dollar threatens the global economy


ANTALYA, November 16. The dependence of the dollar threatens the global economy. This was during the G20 summit in Antalya said the President of Indonesia Joko Widodo.

“Strong dependence on the dollar has led to global imbalances that threaten global economic progress” – quoted by Widodo of the Indonesian Agency “Antara”. In his opinion, in the world there is a need “to overhaul the global financial infrastructure.”

Joko Widodo has encouraged developing countries to undertake fundamental economic reforms. “Real economic reform needed to restore market confidence and to regain the confidence of investors and economic entities,” – said the President of Indonesia. According to him, the main focus of these reforms should be to ensure financial liquidity in developing countries.