Airlangga Reveals These 4 Main Capitals So That Indonesia's Economic Growth Remains In The Range Of 5 Percent

Coordinating Minister for the Economy Airlangga Hartarto (Photo: dock. VOI)

Coordinating Minister for Economic Affairs Airlangga Hartarto revealed that Indonesia must have four main capitals in order to maintain economic growth in the range of 5 percent by the end of this year.

This was conveyed by Airlangga in a press conference on the Draft State Revenue and Expenditure Budget and the 2025 TA Financial Note at the office of the Directorate General of Taxes at the Ministry of Finance, Jakarta, Friday, August 16.

First, developing connectivity through infrastructure development, including the continuation of the big mega project for the Capital City of the Archipelago (IKN).

The second is improving human resource management or human resources. "Minimalizing incentives for energy transition and reducing carbon and social protection," said Airlangga.

The last is community empowerment for national resilience and political stability of the 2025 RAPBN.

"The 2025 RKP (Government Work Plan) has a calculated theme for accelerating economic and sustainable growth," he added.

Previously, the Central Statistics Agency (BPS) revealed 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).

BPS Deputy for Balance and Statistics Analysis Moh. Edy Mahmud said that Indonesia's largest economic growth driver, according to the business field, was driven by the processing industry.

"In the second quarter of 2024, the processing industry became the largest source of growth, reaching 0.79 percent (yoy)," he said at a press conference, Monday, August 5.

However, Edy said, the processing industry grew lower when compared to the previous quarter which reached 0.86 percent.