JAKARTA President Joko Widodo (Jokowi) brings good news related to the Indonesian economy throughout 2022. This was conveyed by the Head of State when inaugurating the opening of the 2023 Indonesia Stock Exchange trading today in Jakarta.

"For 2022 (economic growth) it is confirmed to be above 5 percent," he said on Monday, January 2.

The President added that the same positive results are expected to be repeated for the 2023 period by again touching the psychological level of 5 percent even though the pressure from external factors is getting stronger.

"With global uncertainty that is difficult to calculate, we hope that our economy can still grow above 5 percent," he said.

For information, Indonesia's economic performance is indeed in a trend since the end of 2021. VOI noted that the growth rate in the fourth quarter of 2021 was 5.02 percent year on year (yoy).

That figure moved at a stable level to 5.01 percent in the first quarter of 2022. Then, it increased in the second quarter of 2022 to 5.44 percent and shot up again to 5.72 percent in the third quarter of 2022.

Meanwhile, the official announcement of the level of economic growth in the fourth quarter as well as full year will soon be broadcast by the Central Statistics Agency (BPS) in the near future.

To note, the government is aiming for economic growth in 2022 at 5.2 percent. Meanwhile, in the 2023 State Budget Law, a growth target of 5.3 percent is set.


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