Pemerintah Pede Pemulihan Naik Dan Merata Di Tengah Percaman Resessi Global

Minister of Finance Sri Mulyani (left) on the agenda of a working visit to Malang, East Java (Photo: Capture the screen of the Ministry of Finance's Youtube)

JAKARTA - The government through the Minister of Finance (Menkeu) Sri Mulyani emphasized that Indonesia is experiencing a rising and evenly distributed recovery in all sectors amid the threat of a global recession.

According to him, Indonesia's economic growth can continue to be consistent above 5 percent even though the pressure continues to strengthen from the external side.

"We are growing much higher than global conditions in general," he said through a virtual channel in the Anshor GP National Economic Seminar in Malang, Sunday, January 22.

The Minister of Finance added that the APBN will remain a reliable instrument when facing various threats, such as pandemics, soaring oil and food prices.

APBN menjaga Indonesia, jaga masyarakatnya, jaga ekonominya, jaga dunia usahanya. Kita tetap akan menjaga faktor-factor yang mendukung pemulihan ekonomi," tuturnya.

The state treasurer also conveyed that people's consumption and purchasing power must be maintained to support economic recovery. He noted that in 2022 social assistance will approach IDR 460 trillion and this year it will increase to IDR 476 trillion in 2023.

"When the shock came from oil prices, the government provided subsidies from the original Rp152 trillion to Rp555 trillion. This is a form of protection to the community which most ensures that our economy, which is still growing, remains high in 2023," he said.

In addition to increasing social assistance, continued the Minister of Finance, various programs in the APBN are also used to provide assistance to MSMEs, such as restructuring bank credit so that many MSMEs do not need to pay off their debts first. In addition, the APBN also provides assistance to street vendors.

"So the APBN comes through various kinds. If food security, then our food prices will not be volatile according to world food prices. Our inflation is low, people's purchasing power can be maintained," he said.

For this reason, the Minister of Finance takes care of all economic actors and all institutions in Indonesia, including NU and Anshor, to jointly protect Indonesia.

"We use the State Budget instrument in a trustworthy manner, not corruption. All budgets are transparent. So the country can be healthy. Forward consumption, forward investment, advanced exports, advanced small businesses, advanced medium-sized businesses, advanced cooperatives. This is what we will do so that jobs emerge, we educate our children, who are malnourished, are cured so that Indonesia can move forward," concluded Sri Mulyani.