Towards Indonesia Gold, Sri Mulyani: RI Must Be Able To Avoid Middle Income Trap

Minister of Finance Sri Mulyani Indrawati said the government continues to encourage the digitization of government data in public services and improving the quality of human resources (HR) in achieving the target as developed countries by 2045.

In addition to improving human resources, Sri Mulyani said that digital infrastructure development continues to be carried out in creating efficient state financial management so as to create improvements in the welfare of the community and the economy in the regions.

"Because in order to achieve a high income country, Indonesia must be able to avoid the middle income trap, and the middle income trap usually appears in the form of regulations and policies that complicate an economy and further burden the community," said Sri Mulyani, at the National Coordination Meeting for the Acceleration and Expansion of Regional Digitalization (P2DD) at Hotel Indonesia Kempinski, Monday, September 23.

In terms of regulations, Sri Mulyani said that her party together with the DPR, Teklah, produced Law Number 1 of 2022 concerning Financial Relations between the Central Government and Regional Governments (HKPD).

Sri Mulyani explained this as an effort to strengthen the harmonization of central spending and regional spending or even synergy between central and regional fiscal policies. As well as through the Ministry of Home Affairs, the government also continues to synergize in building the Standard Account Bagan (BAS) and the use of digital platforms.

"The policy in terms of synergy governance from the standard account chart may not be too popular, but it is very important as a backbone in the management of the APBD and how transparency and information can be shared on time," he said.

In addition to BAS and synchronizing central and regional fiscal policies, Sri Mulyani said the government would also continue to encourage the completion and synchronization of national programs such as food security, energy security, reduced stunting.

"It must be synchronized in the regions and from the program, activities arise and then records or records regarding output or output. This not only creates a synergy that has a better impact and results, but also is very important for accountability and transparency from the government, both central and regional. Now this will then have an impact on public trust and community participation," he said.