REPUBLIKA.CO.ID, JAKARTA -- Indonesian President Joko Widodo (Jokowi) said Indonesia has managed to maintain economic growth in the last 10 years. Indonesia is also able to recover faster in the economy amid the current global uncertainty.

“We should be grateful, thank God, Indonesia is one of the few countries that is able to recover faster, even continue to grow,” Jokowi said during the Annual Session of the MPR and the Joint Session of the DPR - DPD in 2024 at the Nusantara Building, Parliament Complex, Senayan, Jakarta, Friday (16/8/2024).

The Central Statistical Agency (BPS) noted the driving factor of Indonesia's economic growth or Gross Domestic Product (GDP) of 5.11 percent on an annual basis (yoy) in the first quarter of 2024. This economic growth was driven by household consumption which increased by 2.62 percent yoy.

“Indonesia's economic growth remains above 5 percent, although many countries are not growing, even slowing down,” Jokowi said.