ID :
76792
Tue, 08/25/2009 - 09:06
Auther :
Shortlink :
https://www.oananews.org//node/76792
The shortlink copeid
FINANCE MINISTER: CAPITAL INFLOW TO REMAIN POSITIVE UNTIL YEAR-END
Jakarta, Aug 24 (ANTARA) - Finance minister Sri Mulyani Indrawati predicted the inflow of funds to the developing countries particularly through capital markets will remain positive until the end of the year.
"The forecast on capital inflows to the developing countries until the end of this year through equity investment would be positive but negative for private creditors," she said here on Monday.
She said there had been a reverse in confidence in the capital market marked by positive corrections on all indices in the developing countries including Indonesia.
"The worst condition in the capital market occurred in March 2009 and since then there had been an acceleration of composite price indices," she said.
The minister said the positive capital inflow was predicted to continue until 2010 not only through capital markets but also through private creditors.
She said the positive inflow of capital to the developing countries was a sign that the economy had started to recover from the crisis.
Next week she said finance ministers from the G-20 countries would meet in London to prepare a meeting of the G-20 leaders in the US in the third week of September 2009.
"The meeting would be important with regard to seeing if the restoration from the crisis has really been real," she said.
***2***
"The forecast on capital inflows to the developing countries until the end of this year through equity investment would be positive but negative for private creditors," she said here on Monday.
She said there had been a reverse in confidence in the capital market marked by positive corrections on all indices in the developing countries including Indonesia.
"The worst condition in the capital market occurred in March 2009 and since then there had been an acceleration of composite price indices," she said.
The minister said the positive capital inflow was predicted to continue until 2010 not only through capital markets but also through private creditors.
She said the positive inflow of capital to the developing countries was a sign that the economy had started to recover from the crisis.
Next week she said finance ministers from the G-20 countries would meet in London to prepare a meeting of the G-20 leaders in the US in the third week of September 2009.
"The meeting would be important with regard to seeing if the restoration from the crisis has really been real," she said.
***2***
