100 Working Days Of Prabowo-Gibran, Celios Disbursed A Number Of Red Reports For The Economic Team
JAKARTA - The Prabowo-Gibran Cabinet officially completed 100 days of their administration on January 21, 2025. Based on the results of the survey Center of Economic and Law Studies (Celios), the performance of the Prabowo-Gibran cabinet economic team has not been satisfactory.
"Economic indicators such as the increasing trend of government debt securities with deteriorating performance compared to other countries in the region, JCI performance which fell 5.82 percent in the last 3 months, layoffs in the labor-intensive sector, and weakening purchasing power continued to become the Prabowo economic team's red report card," said Executive Director of Celios, Bhima Yudhistira Adhinegara, Tuesday, January 21.
He also regretted that the President's assistants did not have careful preparations in facing the 2nd Trump era. In fact, he said, the challenge of Trump's protectionism must be responded to through steps to attract the relocation of factories from the US and China, but only that Apple has not succeeded in becoming an investment realization until now.
"Coordination between ministries in the first 100 days is bad," added Bhima.
He continued, Trump's unanticipated risk related to the lifting of the mandate for the development of Electric Vehicles or electric vehicles that affect nickel, copper and bauxite prices in the international market.
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So far, the Minister of Energy and Mineral Resources has not restricted nickel production and stopped the construction of nickel smelters that are already oversupply. Why haven't strict regulations been taken regarding the limitation of nickel production to protect prices in the international market? " asked Bhima.
Bhima said the Minister of Forestry also blundered when pushing 20 million hectares of forest for food and energy reserves.
Between energy, food and environmental problems, there is a failure to read the situation. Self-sufficiency in energy should not contradict forest conservation. If forests are increasingly lost, for example, for the sake of co-firing PLTU (mixed pieces of wood), Indonesia will be criticized internationally and reduce global financing support for forest conservation as well as energy transition. Obviously Prabowo's instructions were not successfully lowered to a quality implementation program "said Bhima.