 Professor Basri, thank you for joining us. It's a pleasure. My first question is really an important question for Indonesia, but also for many countries. And that is, what is the impact of openness of an economy for income distribution? Well, it is very interesting to look at the case of Indonesia because many people argue that this threat liberalisation may have a bad impact on the income distribution. But probably the case of Indonesia is a bit different. For example, let me give a very specific example about this protection on import rise. Because in Indonesia, the poor people, they are not consumer of rice. So by opening up import is basically helping the poor. So it really depends, it varies amongst the sectors. And in the case of Indonesia as well, most of our workers is basically unskilled labour. So opening up the labour market is basically will help our unskilled labour to get a job in other countries as well. So the impact so far, the openness is pretty positive on this income distribution. But of course, the main issue that we have to look at it is about the adjustment process. Because not all of them are ready for this competition. And there's a lot of discussion at the moment about stagnation in the advanced economies. Could you give us your views on what that implies for emerging Asia in particular, but also for Indonesia? Well, first of all, I think in the past, this stagnation in the advanced countries is not only happening now. It's been happening since a long time ago. But one thing that's really affected many countries, especially emerging Asia is the slowdown of China. The slowdown of China has an impact directly to our export to China. But also indirectly, China is one of the largest consumers for energy and commodity. So the slowdown of China has an impact also on the government revenue. Because 60% of our export is basically energy and commodity related. So this will have an impact on this negative wealth effect to many countries in Asia, like Indonesia, Malaysia, Myanmar for example. So I think this pushed some Asian countries to look back about the growth strategy. That probably we have to start to look at from the domestic source of growth. And one of the important solutions for this will be the fiscal policy, similar to many countries as well. That's the first one. The second one is we probably have to think how to sort of like making the production process become more efficient. And this particular issue is attracting the foreign direct investment is a very important one. When we are seeing that the prospect in the advanced country is rather stagnant, then probably the emerging market will be attractive enough for them to come and to invest in the emerging market. This could help to provide growth. Thanks very much. And my third question relates to the growth prospects over the next decade. If you look at Indonesian demographics, the demographic situation is very favorable relative to other countries. If you look at the gap between incomes per capita or technological progress in Indonesia and the frontier countries, there's enormous potential for catch up. So if you think about where growth may come from over the next decade or two, Indonesia does look to have a lot of enormously positive aspects. And what do you think are the key or key policies that Indonesia needs to focus on? And you've touched upon this already, but if you could elaborate over the next 10, 20, 30 years to enable the catch up, to enable the take advantage of the demographics, the favorable demographics, and to enable Indonesia to exert more of its benefits from its comparative advantage in the region? Well, I think first we have to realize that probably the resource boom is over. So we cannot really so much on the natural resources anymore. And from the Indonesian perspective, we cannot to continue to rely only on the cheap labor because we cannot compete with Bangladesh that we just as only one third compared to us. So one of the key important issue is to move to find a niche market which is require a good quality of human capital. So the key issue is sort of like improving the quality of human capital. This is probably the thing that the Indonesian need to focus on. And with this young population, there is an opportunity for that. If we could have this good quality of this human capital with the young people, then it might generate growth. Of course, the other issue is related to that is also productivity. Productivity means that to improve the efficiency, not only from the investing of the capital investment, but also through the regulation process. So the governance issue is also very important. And last but not least, need to be supported by the good infrastructure. I think if we can combine all of this, then I'm quite optimistic that in the future that Indonesia can catch up to sort of like come up with a higher growth in the next 20 to 30 years.