Indonesia Will Grow Better At 2022-2023 RPJMN Final Realization

Illustration of Rupiah (Photo: Doc. Antara)

JAKARTA - Indonesia has the opportunity to grow better at the end of the implementation of the 2022-2023 National Medium-Term Development Plan (RPJMN). Moreover, a signal of stability is seen in the midst of the 2024 political agenda.

Minister for National Development Planning/Head of Bappenas Suharso Monoarfa stated, the theme of the 2024 Government Work Plan (RKP) is accelerating economic transformation that is inclusive and sustainable.

In his Instagram account @suharsomonoarfa, he said the theme of the 2024 RKP meant that economic growth had to be faster than in previous years.

In addition to accelerating poverty reduction, especially extreme poverty, and inequality, as well as reducing greenhouse gas emissions.

Several reasons Indonesia has the opportunity to grow better include the spirit of accelerating economic transformation, certainty of completion of medium-term targets, as well as legal and regulatory certainty.

The government has targeted conditions that are expected, including maintaining a conducive investment climate, maintaining people's purchasing power, and increasing people's productivity and economic activity.

"Economic growth in 2024 is targeted to be in the range of 5.3-5.7 percent, the poverty rate is targeted to be in the range of 6.5-7.5 percent, the unemployment rate is in the range of 5.0-5.7 percent, the fishermen's exchange rate is at in the range of 107-110, the Gini ratio is in the range of 0.374-0.377," he said, as reported by Antara, Monday, February 13, 2023.

The human development index is targeted at 75.54, then a reduction in greenhouse gas emissions of 27.27 percent, and the exchange rate for farmers in the range of 105-108.

According to Suharso, Indonesia must get out of the middle-income trap before 2045 considering that Indonesia has been trapped in the middle-income trap (MIT) for 30 years.

"(To achieve this goal), the demographic bonus will support the achievement of 6 percent economic growth to leave MIT in 2040," said the Minister of VAT.