Prabowo Targets 8 Percent Economic Growth, Thomas Disburses Needs New Income Sources

Deputy Minister of Finance II Thomas Djiwandono. (Photo: Aris Nurjani/VOI)

SERANG - Deputy Minister of Finance II Thomas Djiwandono revealed that the economic growth target of eight percent is a target during the five years of the administration of President-elect Prabowo Subianto and to achieve it will take time in stages and have a new economic growth engine.

"Eight percent is not next year, 8 percent is the target of Pak Prabowo's government, it's 5 years, so we know that the target is impossible, it can be done directly from 5.11 percent, now it suddenly increases by 3 percent of the growth economy, right. So whether we will achieve higher than 5.2 percent targets in the 2025 State Budget, what I said earlier Let us work with Pak Prabowo, the important thing is that we already have a very good foundation," said Thomas in the media gathering of the Ministry of Finance. 2024, Wednesday, September 25.

However, Thomas said it was impossible to achieve the desired economic growth target without having a new source of income and this became one of the homeworks of the cabinet performance of President-elect Prabowo Subianto to find this.

"It is impossible for us to reach higher numbers than what has been announced if we are not looking for a new growth engine. Now what is the new growth engine, that is the big homework of Pak Prabowo's upcoming cabinet," he said.

Thomas said that currently the government is also exploring new sources of economic growth in almost all economic sectors, one of which is developing downstreaming.

"Almost all of these sectors are being investigated, downstreaming has been said many times that it will be continued, it will be deepened through other mining commodities. But we know that it is also impossible if we only look at the sector," he said.

Thomas assessed that the Indonesian economy is very dependent on public consumption, so to encourage this, new investments are needed in other sectors to encourage consumption.

"Pak Prabowo often talks about energy transitions. But also what we previously explained was that the impact was broad, but we also have to look for, see other sectors that certainly provide good employment, yes. It is also a challenge but something is also a reference in the future," he said.

"The point is once again 8 percent is not overnight, that is a target that President Prabowo will ask for in the new cabinet," he added.