Jakarta – Spokesperson for the Coordinating Ministry for Economic Affairs, Haryo Limanseto, said the government has prepared and implemented various short-term policies, as well as medium-term policies to prepare the foundation for sustainable economic growth.
“We realize that achieving growth above 5% requires cooperation from all parties, including the government, private sector, and the community. However, with a combination of adaptive short-term policies and strategic medium-term policies, the government is confident that economic recovery will continue and become stronger in the future,” concluded Haryo Limanseto.
Haryo detailed that the government has prepared short-term policies. First, strengthening household consumption and people’s purchasing power.
Second, increasing ease of doing business. The government will deregulate and complete the revision of the presidential regulation on investment business sectors (BUPM).
Third, strengthening financing for the productive sector by distributing people’s business credit (KUR) with a larger target, directing labor-intensive investment credit to strategic sectors, and facilitating financing for cooperatives and MSMEs.
Fourth, expanding export market access. In this case, the government will accelerate the signing of the IEU-CEPA and CP TPP, encourage the penetration of non-traditional export markets and strengthen BRICS cooperation, and facilitate exports for MSMEs.
Fifth, deregulation policy. The government will immediately form a task force and announce a policy package aimed at improving export performance and the competitiveness of domestic industry.
“This deregulation policy is in line with the policy transformation efforts in the context of Indonesia’s accession to the OECD,” said Haryo
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Furthermore, Haryo said the government is also preparing 3 medium-term policies to drive economic growth to 5%.
First, accelerating downstreaming and industrialization, second, digital economic transformation, and third, energy transition and green economy.
“With a combination of adaptive short-term policies and strategic medium-term policies, the government is confident that economic recovery will continue and become stronger in the future,” Haryo concluded.
Meanwhile, Coordinating Minister for Economic Affairs, Airlangga Hartarto said, although global challenges continue, the Government is optimistic that it can maintain Indonesia’s economic growth rate in the range of 5 percent in 2025.
“This optimism is supported by maintained macroeconomic stability, consistent inflation control and strengthening of various strategic policies,” said Airlangga.
All these efforts are designed to ensure inclusive and sustainable economic growth. The government believes that through a combination of short-term responsive policies and medium-term structural reforms, the national economy will continue to grow and become more resilient in the face of global pressures in the future.
