Sri Mulyani: Government Will Issue Policies For Booster Economic Growth

Minister of Finance Sri Mulyani (Photo; Doc. Antara)

JAKARTA - Finance Minister Sri Mulyani revealed that in the third and fourth quarters or the second semester of 2024, the government will continue to boost existing factors to be able to maintain and increase economic growth at the level of 5.1 percent to 5.2 percent.

Therefore, Sri Mulyani said the government would issue several policies that would be carried out to maintain recovery momentum and boost economic growth which seemed to be slowing down.

"Well, this is what we together with the Coordinating Minister for the Economy later with the direction of Mr. President Jokowi will take several policy steps for 2024," he said after a limited meeting of the Government Work Plan and RAPBN in 2025 online, Monday, August 5.

Although, according to Sri Mulyani, this is not easy because at this time the global economy now tends to weaken and fragmentate.

Sri Mulyani said that the momentum of economic growth must be maintained. Such as the investment climate, ease of exports and imports that will become the government's attention.

"As is known, currently BPS has delivered a fairly good growth in the 2nd quarter, which is still quite good and has a momentum that we must maintain. Consumption, investment, export, imports that we will pay attention to," he said.

For information, the Central Statistics Agency (BPS) reported that economic growth in the second quarter of 2024 reached 5.05 percent year on year (yoy). This growth slowed down when compared to the previous quarter which reached 5.11 percent (yoy). Meanwhile, economic growth in Semester I-2024 reached 5.08 percent.