The Indonesian Economy is Considered Stable After the 2024 Presidential Election

Illustration. (Photo: Doc. Antara)

JAKARTA - Economic expert Dr Anzori Tawakal assesses that the economy is quite stable after the 2024 Presidential-Vice Presidential Election and this condition is the right time to accelerate regional investment.

"The investment climate must continue to be encouraged, supported so that it starts to improve after this election. Post-election conditions are quite stable, even though there are slight changes in the commodity price situation, this is quite stable," said Anzori Tawakal in Bengkulu, quoted from Antara, Thursday, March 14.

He said that providing intensive ease of licensing and ease of doing business had been carried out by the government and the conditions after the presidential election certainly raised positive expectations for investors. He said this is something that regions must take advantage of to be more active in attracting investment to the region.

"The condition of the presidential election makes investors wait and see, waiting for certainty about who the next (leader) will be. So now the next leader has been selected, and of course, investors have analyzed what it will be like (the conditions in the next five years regarding the economy), it's just a matter of how the region plays in attracting investors. investors," he said.

Then, according to him, there are four important variables that encourage economic growth, the first is public consumption supported by purchasing power, the second is government investment and government spending through the APBN and APBD.

"The third is private sector investment and the fourth is exports and imports. If this happens, it will show a continuous positive situation and growth centers will increase, expanding transactions will not be difficult for developing regions and increase economic growth above 5 percent according to the target national," he said.

Anzori is also optimistic that the government for the 2024-2029 period will continue the construction of toll roads under President Joko Widodo's administration. The toll road construction will provide easy access to goods, people, and services thereby providing good economic support.

"And of course toll roads are also a form of government investment to stimulate the economy, there is economic growth, there is government spending, and it also drives other economic sectors," said Anzori.