FAJAR.CO.ID — Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, said that the Indonesian economy is growing quite well, but quite a few Indonesians often criticize the government’s performance.
In front of the United Arab Emirates (UAE) delegation at the Indonesia-UAE Business Forum in Jakarta, Thursday, Luhut said that Indonesia’s economic conditions were better than other G20 member countries.
“I think our economic profile is the second best (among the G20 countries),” said Luhut.
“However, some Indonesians are not aware that we have done quite well. “They try to criticize here and there,” he continued.
Luhut stated that the Indonesian government had succeeded in maintaining Indonesia’s growth. After growing 5 percent last year, economic growth will increase to 5.2 percent in the second quarter of 2023. Then, Indonesia is also said to be able to control inflation and maintain it at 3.6 percent.
Luhut said that Indonesia has six main agendas to maintain economic growth, starting from industrialization through downstreaming; digitalization; infrastructure development to enable the interconnection of people and goods; economic distribution through village funds; and decarbonization.
Luhut said exports of Indonesian downstream products also experienced a significant increase, reaching 34 billion US dollars in 2022 or higher than 2015 which was only 3 billion US dollars. According to him, Indonesia’s exports will double in 2026-2027 through lithium battery production.