The Minister Of Home Affairs Asked The Regional Government To Maintain Inflation Stability Ahead Of The 2024 Regional Head Elections

JAKARTA - Minister of Home Affairs (Mendagri) Muhammad Tito Karnavian asked local governments (Pemda) to maintain stability in inflation amid political dynamics ahead of the implementation of the 2024 Simultaneous Pilkada on 27 November.

Tito said Indonesia showed positive achievements in controlling inflation with relatively good stability at the national level. Indonesia's annual inflation (year-on-year) as of October 2024 reached 1.71 percent which was in accordance with the government's target, including in crucial times ahead of this election.

One of the things that is quite good in the world and under control is relatively good because one of them is (towards) all of the regions move. In the past, many did not understand inflation and were not even involved," Tito said as quoted by ANTARA, Monday, November 4.

This achievement also received recognition from President Prabowo Subianto and former President Joko Widodo who praised the management of inflation in Indonesia as one of the best in the world.

Tito expressed support from regions that increasingly understand the importance of controlling inflation, playing an important role in this success.

From the data he pocketed, Indonesia managed to rank 57th as a country with controlled inflation rates among 186 countries in the world.

This inflation control effort is proof of the success of the collaboration between the central and regional governments in maintaining price stability, especially in areas that show potential price increases.

"Of the 186 countries in the world, we are 57 which are relatively under control, the numbers are. We see some countries, such as Argentina, 209 percent, that happens to be dollarization. Local money is no longer valuable. Syria, Sudan, Palestine are now at war, inflation is priced insanely up 60 percent," he said.

The central government, assisted by local governments, is trying to ensure equitable distribution of basic necessities during the campaign period ahead of the 2024 Simultaneous Pilkada.

The Ministry of Home Affairs encourages regional readiness to monitor and ensure the availability of commodities in the market until the completion of the regional elections.