Everyone Must Work in Concert to Maintain Growth: Jokowi at BNI Investor Daily Summit
Jakarta. President Joko “Jokowi” Widodo said Tuesday that everyone must work in concert to maintain Indonesia’s economic growth. While macroeconomic policies play a key role, it is important to make sure that the micro policies are also in place.
In a speech delivered at the 2023 BNI Investor Daily Summit, Jokowi brought the forum’s attention to the global economic challenges. Indonesia’s economic growth remains at around 5 percent. Depreciation of Indonesian rupiah is still within reasonable limits, coupled with inflation that is still under control.
“We need to pay attention to the details and keep an eye on what is happening on the ground. This calls for work at the micro level. We cannot solely rely on macro policies, we have to have a team,” Jokowi said.
According to Jokowi, teamwork is needed amidst the uncertain global economic challenges. A well-established team can help Indonesia’s development plans go according to plan. Indonesia also already has several strategic plans to develop its economy, including pushing for domestic processing of natural resources for higher added value. In the infrastructure front, Indonesia has also built mass rapid transit (MRT) and light rail transit (LRT).
“The government will also give incentives in the property and housing sector to keep Indonesia’s economic momentum,” Jokowi said.
Tags: Keywords:Related Articles
Prabowo Urges State Banks to Prioritize Public Impact Over Profits
Prabowo urged state banks to expand credit access and ensure MSMEs receive fair financing, not just profits.Indonesian Economists Question Validity of Reported 5.61% Q1 Growth
The group said its own research identified discrepancies within the official data, raising concerns over the integrity of the measurement.Indonesia’s Growth Paradox: Higher Growth, Poorer People
Indonesia’s middle class is shrinking despite strong economic growth, raising fears over jobs and inequality.Economy Isn’t Just Numbers, But Also Perception and Trust
On paper, several indicators still appear reasonably solid. Indonesia’s economy reportedly grew by 5.61% yoy in the first quarter of 2026.LPEM FEB UI Questions Indonesia’s Reported 5.61% Economic Growth
LPEM FEB UI questioned Indonesia’s 5.61% Q1 growth, citing inconsistencies in manufacturing and electricity data.BNI Expands Digital Finance Ecosystem Through Al-Izhar Education Partnership
BNI is expanding digital financial services and literacy initiatives through its partnership with Al-Izhar schools and the Melodia festival.Indonesia Must Avoid ‘Growing Old Before Getting Rich’
Indonesia must accelerate growth and avoid the middle-income trap before demographic aging begins, deputy minister says.‘No Dollar, No Problem’: Indonesia’s Biggest Banks Connect to Alipay and WeChat Pay
Indonesia launches cross-border QRIS with China, allowing seamless rupiah payments through Alipay and WeChat Pay networks.Indonesia Plans $3.2B Civil Servant Bonus in June to Sustain Q2 Growth
Indonesia plans Rp 55T civil servant bonus and wider stimulus to sustain strong growth momentum into Q2.Economic Ministers Express Relief as Indonesia’s Q1 Growth Hits 5-Year High
Indonesia’s economy grows 5.61% in Q1, the highest in five years, driven by strong consumption and rising investment.The Latest
Death Toll in Indonesia's Cooperative Training Program Rises to Five
Indonesia ordered a review of its SPPI training program after five participants died during state-defense training.Cape Verde Makes History as Smallest Nation to Reach World Cup Knockout Stage
Cape Verde became the smallest nation to reach the World Cup knockout stage after a 0-0 draw with Saudi Arabia.Trossard Scores Twice as Belgium Beats New Zealand 5-1 to Advance
Leandro Trossard scored twice as Belgium beat New Zealand 5-1 to win Group G and advance to the World Cup knockout stage.Jakarta Celebrates 499th Anniversary with Weekend Party at Bundaran HI
Jakarta marked its 499th anniversary with concerts, light shows, free transit and public celebrations at Bundaran HI.Chandra Asri Completes Rp 6 T Bond Program on Strong Investor Demand
Chandra Asri completed its Rp 6 trillion bond program as the final tranche was oversubscribed, underscoring strong investor confidence.Most Popular
