When IMF Whispers For Jokowi Eling Lan Waspodo

President Joko Widodo (left) talked with Finance Minister Sri Mulyani (Photo: Doc. Antara)

JAKARTA President Joko Widodo (Jokowi) emphasized to his staff to always focus on paying attention to the course of the 2023 period. According to him, this year's situation is not expected to be better than last year.

In fact, the potential for pressure is believed to be stronger along with global uncertainty which is still high.

This was conveyed after receiving information from one of the international institutions recently.

Managing Director of the IMF of Crystalina Embeva said that in 2023 a third of the world economy is predicted to experience a recession. This is for our caution and vigilance. Even though our economic growth is currently in a very good position," he said while giving a briefing at the National Coordination Meeting of Regional Heads throughout Indonesia in Bogor, Tuesday, January 17.

Jokowi explained that Indonesia's position is actually quite far from the direct threat of worsening the economy that is happening now.

Even so, the Head of State admits that sooner or later the impact of the recession will definitely be felt domestically.

Even for countries that are not hit by a recession, hundreds of millions of people feel like they are in recession. Be careful, a third (of the recession) means 70 countries," he said.

The President added that the prolonged conflict in Ukraine since the beginning of last year has made the situation even more uncertain.

"Economic shocks from the pandemic and war have caused 47 countries to enter into IMF patients," he said.

To note, the performance of the Indonesian economy in the last two years of difficult times has actually shown satisfactory results. One of these indicators is reflected in the achievement of the tax revenue target of more than 100 percent in 2021 and 2022.

The government itself through the Minister of Finance (Menkeu) Sri Mulyani stated that the moncer score could not be separated from two things, namely the windfall of commodities and the rapid recovery of the national economy.

As for 2023, the government targets economic growth to be able to survive at the level of 5 percent.

While the IMF predicts global economic growth this year is only in the range of 2 percent.