JAKARTA - Indonesian President Prabowo Subianto explained the Indonesian government's strategy in maintaining the national economic growth at above 5 percent, while accelerating the development of connectivity and energy transition as a long-term foundation.
In a meeting with the United States Chamber of Commerce (USCC), the US-ASEAN Business Council (USABC), and the US-Indonesia Society (USINDO) at the USCC Building, Washington DC, United States, Wednesday, February 18, afternoon local time, Prabowo emphasized the importance of cooperation and stability as the main prerequisite to support sustainable growth.
He believes that collaboration and compromise between the leaders of the nation will create a strong climate of trust for investment.
"I learned that cooperation, collaboration, and compromise will ultimately prove more beneficial and profitable for all parties," said President Prabowo, quoted by Antara.
According to President Prabowo, political stability, the rule of law, and good government governance are the keys to maintaining investor confidence.
The Head of State said that Indonesia's economic fundamentals remain strong due to maintained fiscal discipline and stable growth above 5 percent and will continue to increase.
One of the strategies that is the main focus of the government is strengthening the economy from the grassroots level or the lowest level of society.
The government wants to ensure that growth can be maintained in the long term with healthy and sustainable natural resource management.
"We want to have the ability to maintain growth, but we also need to control the economy in the sense of ensuring that the utilization of our natural resources is carried out in a healthy and sustainable manner," said President Prabowo.
President Prabowo added that the government placed infrastructure development and connectivity as a priority. He admitted that there were still big homework, especially in improving logistics efficiency.
Therefore, the Indonesian government will build ports, airports, and toll roads to increase efficiency.
In addition, President Prabowo also ensured that the energy transition was part of a long-term strategy. The government is committed to developing renewable energy, electric vehicles and green energy industries.
"We are committed to renewable energy, electric vehicles, and green industries, but our approach is very pragmatic," he added.
With a combination of political stability, investment strengthening, connectivity development, and a measured energy transition, the government is optimistic that it will be able to maintain the momentum of growth while strengthening Indonesia's competitiveness at the global level.
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