According to a recent report published by Antara News, Indonesia’s Chamber of Commerce and Industry (KADIN) is expected to formulate road maps on commerce-related aspects; from human resources to industry, to help Indonesia achieve its development targets, President Jokowi said at the inauguration of the KADIN National Leadership Meeting 2022 on Friday.
“I am pleased if later KADIN can draft road maps for human resource, textile industry, (and) metal industry—everything should have a road map, so our (development) visions become clear,” he said.
The President went on said that he believes that a clear and well-planned road map will help improve and advance the domestic economy, including local Micro, Small, and Medium Enterprises.
“The most important thing is to create added value (for local businesses),” he noted.
The President emphasized that currently, Indonesia is at the peak of global leadership; considering that Indonesia led the G20 in 2022 and will chair ASEAN in 2023, which has helped the nation to win the trust of many foreign investors, report Antara News.
There are a number of economic indicators, which have made Indonesia a “bright spot” amidst the global economic downturn, according to the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva.
These indicators include a controlled inflation rate of 5.7-percent at a time when average global inflation has reached 10 to 12-percent.
Furthermore, Indonesia’s economy grew by 5.72-percent in Q3/ 2022, which was above the estimated global economic growth of 3.2-percent in 2022.
Indonesia’s Purchasing Manager’s Index (PMI) was also maintained at 51.8, when the average (PMI) of other countries was below 50.
In addition, Indonesia’s trade balance experienced a surplus for 30 consecutive months since May 2020, say Antara News.
“Once again, why are we not optimistic while having such achievements? You have to be optimistic. Do not let anyone express pessimism. Considering the figures, you have to be optimistic,” emphasized Jokowi.
Coordinating Minister for Economic Affairs Airlangga Hartarto State Secretary Minister Pratikno, Investment Minister Bahlil Lahadalia, as well as chairman of KADIN Arsjad Rasjid also attended the event.
Source: Antara News
Photo: BPMI Setpres/ Lukas