JAKARTA - President Prabowo Subianto called the economy greedy or greedyly dangerous. Growth can be hampered and undermine justice.

This was conveyed by Prabowo in his speech at a meeting of APEC economic leaders in Gyeongju, South Korea, Friday, October 31 local time.

At that time, Prabowo said that the world was facing threats that were not only economic in nature, but also moral and social, one of which was greed in the form of corruption, smuggling, fraud, and the cross-border dark economy.

"We in Indonesia are battling corruption, fighting fraud, and fighting greedy economies that hold true growth," Prabowo said as quoted from an official statement.

However, this problem cannot be solved alone by Indonesia. "We must work together multilaterally, especially in the face of smuggling, fraud, money laundering, trafficking in persons, and narcotics that threaten our future economy," said the former Indonesian Minister of Defense.

Prabowo also briefly touched on the issue of global tensions and the decline in mutual trust between countries. He said, this condition endangers economic stability.

"Asia-Pacific must not accept division as its destiny. We must rise above suspicion and fear and we must rebuild trust between us and in the global economy," he said.

"APEC has a core mission to facilitate free trade and investment through multilateral cooperation that sides with a sense of togetherness throughout the region. We must continue to maintain this belief. We must not allow fragmentation to damage stability that has long supported our growth," Prabowo continued.

In his speech, Prabowo also emphasized Indonesia's commitment to the regulatory-based multilateral trading system with the World Trade Organization (WTO) as the core.

He also emphasized the importance of inclusiveness in global economic development. Do not let a country be eliminated.

"The growth that eliminates is divisive growth. The division creates instability, and instability will not be conducive to peace and prosperity," he said.

"Inclusivity must be our guideline. Sustainability must always be a compass for the future of a safe world," concluded Prabowo.


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