Sri Mulyani Is Optimistic That The Republic Of Indonesia's Economy In Semester II 2024 Will Be Maintained

Minister of Finance Sri Mulyani Indrawati. (Photo: Doc. ANTARA)

JAKARTA - Finance Minister Sri Mulyani Indrawati is optimistic that economic growth in the second semester of 2024 will grow supported by domestic demand which is still relatively well maintained, with inflation maintained low.

"For the outlook for the second semester, we estimate that it will still relatively survive or the resilience can still survive. With domestic demand, which can still be relatively maintained with low inflation," Sri Mulyani said at a Working Meeting of the DPR RI Budget Agency, Monday, July 8.

Even so, Sri Mulyani said, she still had to be aware of various external risks that could disrupt economic growth because the global economy was still moving dynamically.

"However, we must also remain vigilant against a global environment that is still very dynamic, especially with changes from the government of the election results (US and Europe) and relations between countries experiencing very high tensions with increasing geopolitics," he said.

In addition, Sri Mulyani said, weakening global demand must also be watched out for because it can erode domestic economic growth.

He estimates that Indonesia's economic growth at the end of the year or the whole year in 2024 will reach around 5 percent to 5.2 percent.

In addition, the state budget must be maintained, so that global conditions that cannot be controlled can be neutralized.

"The whole year is 5.0-5.2 percent for Indonesia's economic growth. This is to illustrate that we still have a buffer in terms of domestic factors that we must continue to maintain so that at a time of global conditions that we cannot control we can control," he said.