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The U.S.-China Reconciliation, Sri Mulyani Expect the Balance of Trade Improved

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The U.S.-China Reconciliation, Sri Mulyani Expect the Balance of Trade Improved

Trade Balance - Finance minister Sri Mulyani Indrawati hope peace trade war between the United States (U.S.) and China can have a positive impact to the performance of Indonesian exports and imports.

"Maybe (the decision of the U.S.-China) this will also give a positive impact (on trade)," he said in the Office of the Directorate General of Taxes, Jakarta, Monday (14/10).

Even so, he did not want to estimate the performance of the trade balance along with the absence of peace negotiations between the Land of Uncle Sam and Negerit the Bamboo.

Meanwhile, the Chief Economist of Bank Mandiri Andry Asmoro estimate the performance of imports and exports will still decline in September 2019.

Nevertheless, the trade balance surplus is expected to improve from US$ 85,1 million in August to US$ 325 million.

According to Andry, exports in September fell 1.76% compared to the previous month or 6% compared to the same period last year to the range US$ 14.3 billion.

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