Citi Indonesia Calls Quality Education Can Boost Economic Growth

Rupiah (Photo: Antara)

JAKARTA - Citibank NA, Indonesia (Citi Indonesia) emphasizes the importance of education to support economic growth at the peak of Citi Global Community Day (GCD) 2024. Quality education is needed to achieve sustainable economic growth and in achieving the vision of Indonesia Gold in 2045.

Citi Indonesia Chief Executive Officer Batara Sianturi said, in achieving Indonesia Gold's goals, there are still challenges that need to be overcome. One of the challenges is that many Indonesian children still experience dropping out of school.

It is known, the average level of worker education in Indonesia is still dominated by elementary school graduates (SD). Data from the Central Statistics Agency (BPS) shows an increase in the dropout rate in addition to the high level of education.

In fact, based on the results of XQ High School & The Future of Work research, it shows that education is closely related to economic growth.

"The relationship between education and economic growth has shown an increase in student achievements and added 70 trillion US dollars to GDP from time to time," Batara said at the peak of GCD 2024 activities in Jakarta, quoted Monday, July 1.

Batara said, Citi Indonesia was present and contributed for 56 years. During this period, his party saw firsthand how education played an important role in improving the quality of human resources and contributing directly to economic growth.

"We believe that investment in education will provide benefits to the nation," he said.

The peak of Global Community Day activities was marked by donations in the form of 560 packages of bags and school supplies. The package will be distributed to eight schools in the South Rawabadak area, North Jakarta.

"Global Community Day shows Citi's strong commitment as a global bank in supporting education and community welfare, which we believe will contribute to the vision of achieving Indonesia Gold 2045," he added.