Kamis 23 May 2024 23:52 WIB

Optimism of 7-8 Percent Economic Growth in Prabowo-Gibran's Hands

Prabowo believes he can achieve 8 percent economic growth with downstream capital.

Rep: Febryan A / Red: Erdy Nasrul
Traders served buyers of photo frames of Prabowo-Gibran as President and Vice President 2024-2029 in Pasar Baru area, Jakarta, Tuesday (23/4/2024). Traders claimed that the sale of photo frames of the President and Vice President-elect began to be sought after a number of customers after the Constitutional Court (MK) decided to reject the disputed presidential election petition filed by Anies-Muhaimin and Ganjar-Mahfud MD. He admitted that sales have increased by up to 30 percent with prices ranging from IDR 150 thousand to Rp20 million depending on size. Meanwhile, the KPU will determine the presidential and vice president-elect for 2024 elections at the Central Commission building, Jakarta on Wednesday (24/4/2024) tomorrow.
Foto: Republika/Thoudy Badai
Traders served buyers of photo frames of Prabowo-Gibran as President and Vice President 2024-2029 in Pasar Baru area, Jakarta, Tuesday (23/4/2024). Traders claimed that the sale of photo frames of the President and Vice President-elect began to be sought after a number of customers after the Constitutional Court (MK) decided to reject the disputed presidential election petition filed by Anies-Muhaimin and Ganjar-Mahfud MD. He admitted that sales have increased by up to 30 percent with prices ranging from IDR 150 thousand to Rp20 million depending on size. Meanwhile, the KPU will determine the presidential and vice president-elect for 2024 elections at the Central Commission building, Jakarta on Wednesday (24/4/2024) tomorrow.

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.

Baca Juga

“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).