Jakarta, The Indonesia Post – The Coordinating Minister for the Economy Airlangga Hartarto said the Indonesian economy remained resilient amidst global uncertainty, as seen from economic growth of 5.31 percent on an annual basis in 2022.
The effectiveness of these economic recovery achievements was driven, in part, by the policies for handling COVID-19 and national economic recovery (PC-PEN) during the pandemic.
“For Indonesia, last year we had an impressive performance of 5.3 percent and most of the sectors also showed positive growth,” said Airlangga while attending the Foreign Policy Community of Indonesia (FPCI) Corporate Policy Brief Program CEO Forum, as quoted from the official statement, Tuesday.
The results of the government’s efforts to restore economic conditions were also marked by the strengthening of a number of indicators in the real and external sectors.
The Consumer Confidence Index is at the level of 122.4 as of January 2023, the Purchasing Manager’s Index is at 51.2 as of February 2023, the Real Sales Index is growing by 1.7 percent on an annual basis as of January 2023, so that the trade balance is a surplus for 33 consecutive months.
With these various achievements, the government is also continuing to work to improve national economic conditions through investment by encouraging the implementation of the Job Creation Law to facilitate business licensing.
Currently the government is also carrying out the construction of the National Capital City (IKN) of the Archipelago to accelerate growth and equal distribution of the national economy.
“With the new State Capital, it will attract more capital and encourage Indonesia’s economic growth, as well as balance growth between the eastern and western regions,” he said.
Airlangga said that the Indonesian government is also committed to accelerating the energy transition by encouraging reductions in Greenhouse Gas (GHG) emissions in 2030, through the Nationally Determined Contribution (NDC) and the Net Zero Emission (NZE) target in 2060.
On this occasion, a number of business actors involved also expressed their hopes starting from certainty for business actors regarding economic conditions ahead of the elections, efforts to create added value for commodities, to investment in the development of IKN. (mhn/bbs)
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