KONTAN.CO.ID - JAKARTA. University of Indonesia economist Fasial Basri has warned of a possible “minor economic crisis” in December because of “reckless” government policies, particularly massive infrastructure construction. “It is possible there will be a small crisis in December, a crisis created by the government,” said Faisal during a discussion in Jakarta on Thursday as quoted by tempo.co. Faisal said massive infrastructure development had not been well planned. He said problems were likely to emerge in the construction of several airports that had forced the government to spend vast amounts of money.
Economist warns of minor crisis in December
KONTAN.CO.ID - JAKARTA. University of Indonesia economist Fasial Basri has warned of a possible “minor economic crisis” in December because of “reckless” government policies, particularly massive infrastructure construction. “It is possible there will be a small crisis in December, a crisis created by the government,” said Faisal during a discussion in Jakarta on Thursday as quoted by tempo.co. Faisal said massive infrastructure development had not been well planned. He said problems were likely to emerge in the construction of several airports that had forced the government to spend vast amounts of money.