REPUBLIKA.CO.ID, JAKARTA – Greece debt crisis does not much affect Indonesian economic fundamental as its resistance is still strong. Yet, government still needs to anticipate the risk from China and US crisis. Indonesian economy would still grow even if Indonesian did nothing, the Head Economist in Bank Mandiri, Destry Damayanti, said.

With the increasing of population with high consumption, domestic economy and strong market become Indonesian power along with its vast natural resources and foreign exchange reverses. Indonesian nominal debt is increasing, but it has well management of government debt. Also, economic growth is faster than growth of debt.

Apart from that, Damayanti reminded the government to take careful steps amid the global economic downturn as Indonesian still had weak infrastructure and financial sector, including the unstable Rupiah exchange rate and low skilled workers.

“Also the domination of political interest on economic policy, such as in the determination of fuel policy,” Damayanti said.

The Economist of Mandiri Sekuritas, Leo Putra Rinaldy, said the global condition politically and economically inclined as Spain and UK plunged into recession. He added, if Greece condition worsened, it would not affect Indonesian economic fundamental much due to the small portfolio of Greece to Indonesia and vice versa. The impact is only in financial market, but it will not be long.

“For the cash flow, Indonesia is more integrated with Europe and US,” he said.

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