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View all search resultsResponding to various challenges faced by the Indonesian economy, Coordinating Minister for Economic Affairs Airlangga Hartarto continues to echo optimism in regard to the strength of the national economy.
President Joko “Jokowi” Widodo and Japanese Prime Minister Fumio Kishida met in the latter’s office in Tokyo on Dec. 16 to discuss three priority projects pertaining to energy transition under the Asia Zero Emission Community (AZEC) framework, namely the construction of a geothermal power plant in Muara Laboh, West Sumatra, a waste-to-energy power plant (PLTSa) in Legok Nangka, West Java and a peatland management for food project in Central Kalimantan.
The year 2045 will present a valuable moment for Indonesia, as the country will obtain a window of opportunity through a demographic bonus, something that only occurs once in a nation's lifetime.
Coordinating Economic Minister Airlangga Hartarto said on Wednesday that discussions at an international summit in the US had not produced “the targeted resolution” on trade due to disagreement over several issues, including critical minerals, a key topic for Jakarta.
In order to improve the economic situation, the government has also launched social protection programs to boost people’s purchasing power. Airlangga explained the government had allocated Rp 48.8 trillion to assist the small enterprise sector in 2021.
The government is upbeat that the sweeping omnibus bill on job creation will bolster investment and open up more jobs for Indonesians, as it braces for tough public scrutiny during the bill’s deliberation at the House of Representatives.
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