If I was asked to estimate, the second quarter could grow by 5.44% (year-on-year/year-on-year). Try researching other G20 countries that have seen growth above 5%. We are the highest among the G20
Jakarta (ANTARA) – President Joko Widodo (Jokowi) has pointed out that Indonesia has recorded the highest economic growth among the member countries and regions of the G20 forum, indicating the continued recovery of the country.
“If I was asked to estimate, Q2 could grow 5.44% (YOY). Try looking for other G20 countries that have grown above 5%. We are the highest of the G20,” Jokowi told the conference. Economic presentation 2023 here, Thursday.
With this achievement, the head of state urged all parties to be optimistic about the promising trend of Indonesia’s economic recovery. Although the country faces tough global challenges, he insisted that there would be a way to overcome each problem.
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“What we are facing is not easy, but we have to remain optimistic,” Jokowi said.
He said that currently, global economic conditions are difficult. Developed countries also face economic challenges, such as food security issues, energy crises and financial turmoil.
However, Indonesia is still able to sustain its ongoing economic recovery. The recovery trend in Indonesia is still relatively strong, he said.
He highlighted several indicators of Indonesia’s economic recovery in the form of government revenue which increased by 49% or Rs 1.764 trillion and tax revenue which increased by 58% or Rs 1.171 trillion. .
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“Customs and excise revenue also increased to 30.5% or Rs. an increase of 38.9%,” he noted.
In addition, consumer optimism is also high, as the Consumer Confidence Index (IKK) was recorded at 124.7. Bank credit also rose to 10.7% as Indonesia’s trade balance posted a surplus for 28 consecutive months, amounting to $5.7 billion.
“That’s a very big number, that’s a surplus. Our Rapid Manufacturing Index (PMI) is 51.7 higher globally,” he said.
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