JAKARTA - Bank Indonesia (BI) Deputy Governor candidate Dicky Kartikoyono explained the main strategy to encourage Indonesia's economic growth to 8 percent in the future.
According to him, digitalization is a key factor in achieving this target, this was conveyed when he attended the fit and proper test at Commission XI of the Indonesian House of Representatives, Monday, January 26.
In his presentation, Dicky said that the presentation of his vision and mission carried the theme of 'Carving the History of Digital Independence for Gold Indonesia' as BI's contribution in supporting the Asta Cita of sustainable economic growth.
He likened the national economy to a large house that must be able to provide welfare for all people.
For this reason, the main foundation in the form of economic stability must be maintained strongly and above this foundation, strong pillars of resilience are needed so that the economy can survive and grow.
Dicky conveyed that without adequate resilience, economic growth would only be fragile like a house of cards.
"Without the resilience of our large houses, we are like a house of cards. This economic growth must certainly be of quality to provide prosperity to the wider community," he explained.
In addition, he highlighted the rapid development of the digitalization of Indonesia's financial system, such as BI-FAST, QRIS, and SNAP, showing significant growth in the last nine years.
He gave an example, one of which is that QRIS has facilitated economic transactions of up to Rp1.6 trillion.
However, Dicky admitted that Indonesia's economic growth is still faced with various major challenges, such as global geopolitical dynamics, polarization, cyber risks, current account deficits, weakening people's purchasing power, to unemployment rates.
In addition, Dicky said that efforts to encourage digitization were also hampered by the lack of infrastructure, the quality of human resources that needed to be improved to be able to compete in an increasingly complex labor market, and pressure on people's purchasing power.
"The answer to this challenge lies in our efforts to uphold the pillar of digitization as a game changer," he explained.
He added that BI estimates that the national digital economy could reach 147 billion US dollars in the future, after this year is estimated to grow by around 37 billion US dollars.
According to him, this potential is supported by domestic strengths, especially the growth in the number of internet users and demographic bonuses.
He gave an example, the penetration of internet use among Generation Z and Generation Alpha has reached 40 percent.
"Well, this will certainly be our strength," he said.
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