JakartaGlobe-Dec 14
Indonesia’s economic growth under President Joko “Jokowi” Widodo’s leadership earned praise from the economists attending the International Economic Association World Congress in Colombia, according to former Trade Minister Enggartiasto Lukita. Indonesia has been witnessing robust economic growth amidst global uncertainties. The National Statistics Agency (BPS) reported that Indonesia’s economy grew by 4.94 percent year-on-year in the third quarter of 2023. Bank Indonesia, the country’s central bank, expects that the gross domestic product (GDP) will reach between 4.5 percent and 5.3 percent this year. “What made me very happy today is how the global economists here have applauded Indonesia’s economic growth during my informal talks with them. They also applauded our government’s ability to maintain growth and suppress inflation, among others, amidst today’s global uncertainties,” Enggartiasto told BTV on the sidelines of the conference on Tuesday local time.
“This shows how global economists recognize what our government has done under President Jokowi’s leadership. I and many others have witnessed and felt [this economic growth] in person,” Enggartiasto, who currently serves as the executive chairman of B-Universe Media Holdings, said. Earlier this month, Jokowi announced that he wanted to see Indonesia’s GDP grow between 5.1 percent and 5.7 percent next year. However, such a GDP growth target would require an investment worth Rp 1,650 trillion (about $106 billion) both from domestic and foreign investors. Read more at: https://jakartaglobe.id/business/indonesias-economic-growth-earns-praise-from-global-economists-enggartiasto
