Sri Mulyani: Google And Temasek Study Called Indonesia's Digital Economy Potential To Reach IDR 1,800 Trillion By 2025

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

JAKARTA - Finance Minister Sri Mulyani Indrawati said Indonesia's digital economy has a potential that is estimated to reach US $ 124 billion or around IDR 1,800 trillion by 2025 according to studies from Google, Temasek and Bain & Company.

"From 44 billion US dollars (in 2020), this could increase to 124 billion US dollars. This is a tremendous potential. This means that three times the economic potential can be increased with the presence of digital infrastructure," he said at the Women Economic Driving Force during the Pandemic in Jakarta. , quoted from Antara, Friday, April 23.

Sri Mulyani stated that the potential for the digital economy which reached US $ 124 billion could be achieved if Indonesia was able to build digital infrastructure and develop its own digital economy.

Therefore, he said the government continues to encourage digital infrastructure development, especially in the presence of the COVID-19 pandemic because all community activities have moved to digital platforms.

What's more, he said the most effective chief information officer in the world is COVID-19 because it is able to move all activities to digital platforms.

This happened because during the pandemic there was a need to maintain distance so that the existence of digital technology emerged as a solution.

He ensured that the government would continue to strive to equalize the availability of digital infrastructure, given Indonesia's vast geography, so that equity is currently being focused on the 3T area.

He said there were 12,377 public service locations in underdeveloped, frontier and outermost (3T) areas that did not have 4G facilities so that the quality of their communication was still very unreliable.

"So the government in 2021 will provide a significant increase in the budget," he said.

Not only that, the government also continues to improve digital literacy, including for small and medium enterprises, to further encourage the achievement of the potential of this digital economy.

Then, the government will also gradually accelerate financial and digital inclusion, such as in the Family Hope Program (PKH) for 10 million KPM, where payments are now in the form of transfers and digital.

"Staple food, do they buy into digital stalls also done in stages, government salary payments, money supply for small and medium business purchases. That is also done digitally," he explained.