The 2022 Period Is Called Airlangga's Golden Moment Of RI's Economic Growth

Coordinating Minister for Economic Affairs Airlangga Hartarto (Photo: Doc. Coordinating Ministry for the Economy)

JAKARTA - Coordinating Minister for the Economy Airlangga Hartarto said that Indonesia was in good momentum to continue accelerating growth.

According to him, this can be seen from several indicators, such as the Consumer Confidence Index (IKK) which was at the level of 113.4 in October 2021, the Manufacturing PMI Index at an expansive level of 57.2, and the business world has begun to re-hire employees, which is reflected in the decline in the unemployment rate.

"This is Indonesia's golden moment to accelerate economic growth. Although there are still challenges related to COVID-19 and its variants, these can be mitigated", he said in a press statement, quoted Friday, November 19.

Airlangga added, by 2022, systematic efforts to handle the pandemic and the implementation of a vaccination program could encourage the economy to recover and grow at around 5.2 percent on an annual basis.

Furthermore, he revealed that until November 12, 2021, the total realization of the National Economic Recovery (PEN) program had reached IDR 483.91 trillion or 65 percent of the total ceiling of IDR 744.77 trillion.

“The government will continue to maintain the flexibility of the State budget and continue the National Economic Recovery Program (PEN). The implementation of the PEN Program will be continued next year to anticipate the expansion of the impact of the pandemic", he said.

Meanwhile, Airlangga stated that the 2022 PEN fund was IDR 321.2 trillion. The allocation of the PEN program in 2022 will be directed at encouraging the economy through four program clusters, including the health of IDR 77.05 trillion, public protection of IDR 126.54 trillion, priority programs of IDR 90.04 trillion, and support for MSMEs and corporations of IDR 27.48 trillion.

The government is also committed to facilitating the acceleration of digitization through increasing the quality and quantity of digital talent through up-skilling and reskilling, development and equity of digital infrastructure, development of digital databases including ensuring data safety and security, and increasing public digital literacy (digital consumers).

“Technology and digitalization-based industry is expected to become a new engine of growth that requires talented human resources and competitive technopreneurs. This indicates that human resource development must go hand in hand with the development of a digital economy that prioritizes innovation", Airlangga concluded.