REPUBLIKA.CO.ID, JAKARTA -- Indonesia has never achieved 7 percent annual economic growth in a quarter century. But in the quarterly level, it once occurred in the second quarter of 2021 at the level of 7.07 percent, which is a marker of the revival of the national economy from Covid-19.
Indonesia's highest economic growth in 25 years was in 2007 at 6.35 percent. It was followed by 2010-2011 with 6.22 percent and 6.17 percent. By 2025, Finance Minister Sri Mulyani is aiming for economic growth of 5.1 - 5.5 percent.
“Higher and quality economic growth that by 2025, is expected to be in the range of 5.1 percent to 5.5 percent,” Sri Mulyani said at the Plenary Meeting of Parliament on the Government's Delivery of the Macroeconomic Framework and Fiscal Policy Guidelines in Jakarta, earlier this week.
The economic growth projection base is supported by inflation control, the continuation and expansion of downstream natural resources (SDA), the development of the electric vehicle industry, and digitalization supported by improvements in the investment climate and the quality of human resources (HR).