Head Of Bappenas: It Is Not Impossible That 8 Percent Economic Growth Can Be Achieved In 2029

JAKARTA - Minister of National Development Planning/Head of the National Development Planning Agency (PPN/Bappenas) Rachmat Pambudy said that it is possible for eight percent economic growth in 2029 to be achieved.

"It is not impossible for the eight percent economic growth to be achieved. Indeed, in the end, the fundamental problems that will test us whether eight percent economic growth is achieved or not," he said at a Working Meeting with Commission XI DPR RI, Jakarta, quoted by Antara, Thursday, March 13.

According to him, the important thing that must be emphasized to achieve economic growth is to synergize and cooperate in order to reduce conflicts and differences of opinion in order to reduce noise.

That way, the process of achieving high economic growth can run smoothly.

Based on records from the Ministry of National Development Planning/Bappenas, Indonesia has experienced high growth many times by more than eight percent. Starting from 1968 at 10.92 percent, in 1980 it was 10 percent, in 1973 it reached 8.1 percent, 1977 to 8.6 percent, and in 1995 it grew 8.22 percent.

"So, we have experience to increase economic growth and even distribution," said Rachmat.

During the period 1970-1986, the Minister of National Development Planning emphasized that Indonesia was not only successful in overcoming the low economic growth, but also carried out high and quality economic growth.

At that time, we could reduce the poverty rate from 70 percent to less than 10 percent. Why is this like that? Economic stability is really our reference to achieve that," said the Head of Bappenas.