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Lecturer in Economics, University of Indonesia: The Benefits of the ASEAN Summit Can Be Felt by All Indonesian People


NTT – University of Indonesia Economics Lecturer Prof. Dr. Telisa Aulia Falianty said that the moment of the 2023 ASEAN Summit Presidency would bring glory to Indonesia’s name if it succeeded in holding the 2023 ASEAN Summit like the G20 Summit some time ago. Telissa also stated that the presidency of the 2023 ASEAN Summit must be supported by the Indonesian people.

“There will be an economic contribution and honor for Indonesia if it successfully organizes the 2023 ASEAN Summit,” said Prof. Dr. Telisa Aulia Falianty in Jakarta.

“For example, the arrival of the delegation participants is an opportunity to bring in foreign exchange and investment. Moreover, it is estimated that thousands of people will come so that it will become an opportunity to improve Indonesia’s image and bring in revenue from the economic, tourism and trade sectors,” added Prof. Dr. Telisa.

Indonesia is the largest country in ASEAN so that an economic increase of almost 5 percent can encourage positive economic growth in all ASEAN countries.

Moreover, he said, ASEAN has partnered with big countries such as the US, Japan, China, South Korea, the European Union, and others.

Because the implementation of the Chairmanship of the 2023 ASEAN Summit is in line with the interests of the community, the role and direct support and participation of the community in this forum is very important.

“Moreover, the Three Pillars of “Priorities Economic Deliverables” (priority economic deliverables) include (1) “Recover-Rebuilding” to ensure recovery, economic growth, mitigate inflation risk and capital flow volatility, (2) “Digital Economy” to strengthen inclusion finance and digital literacy, including increasing the interconnectivity of regional payment systems, and (3) “Sustainability” where ASEAN is an area affected by natural disasters and climate change risks, ASEAN needs to work together towards a green economy, including through the preparation of the “ASEAN Taxonomy on Sustainable Finance and Study on the Role of Central Banks in Managing Climate and Environment-Related Risk,” he explained.

He also added that these three pillars are needed by micro, small and medium business economic actors to be able to compete in the international market. For example, the digital economy has opportunities for MSMEs, including those from remote, outermost/frontier, and lagging areas.

“Improving the quality of infrastructure provision and sustainable infrastructure investment will simultaneously support the achievement of the Sustainable Development Goals (SDGs),” said Prof. Dr. Telisa Aulia Falianty.

He hopes that the 2023 ASEAN Summit can provide a trickle down effect on the local economy. ASEAN participants are expected to get to know Indonesia more closely as well as our economic potential not only in big cities but also small cities like Labuan Bajo, East Nusa Tenggara Province.

In the same vein, Makara Insight Researcher Satya Aji Pratama, S.Kom said there would be many positive impacts from the ASEAN Summit in Labuan Bajo. The ASEAN Summit in Labuan Bajo is said to be able to boost Indonesia’s economic growth, especially in the NTT region.

“From an economic standpoint, the entire series of events for the 2023 ASEAN Summit will provide direct benefits for Indonesia, especially in boosting economic growth,” he said.

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