The Palace Reveals the Government's Strategy to Maintain Economic Growth and Rupiah Stability

Illustration of the rupiah exchange rate against the dollar (ANTARA)

JAKARTA - The government is accelerating various strategic programs in the real sector, ranging from food, energy, fisheries to industrial downstream, as a step to maintain national economic stability and growth amid global economic uncertainty.

The Minister of State Secretary (Mensesneg) Prasetyo Hadi said that the acceleration of these productive sectors was the focus of the government because it had a direct impact on the community's economy, job creation, and national competitiveness.

"Encourage programs that can increase the growth of the real economic sector to be accelerated, especially the food program, the energy program, then the fisheries program and including industrialization and downstreaming," said Prasetyo in a statement from the Government Communication Agency, Saturday, June 6.

According to Prasetyo, strengthening the real sector is one of the main government strategies to maintain national economic resilience in the midst of ongoing global challenges.

He emphasized that economic stability cannot be maintained by one institution alone. Therefore, the government continues to strengthen coordination across ministries, agencies, and economic authorities so that each policy runs in harmony and supports each other.

"In today's situation, it requires cooperation among us all. Policies must support each other, strengthen each other," he said.

Prasetyo assessed that the synergy between the government and Bank Indonesia is an important factor in maintaining national economic stability, including in controlling inflation, maintaining people's purchasing power, and strengthening the rupiah exchange rate.

According to him, the food, energy, fisheries, and downstream sectors were chosen as priorities because they have a large chain effect on economic growth and people's welfare.

In the food sector, the government continues to strengthen national food security through increased production, improved distribution, and strengthening a more efficient agricultural ecosystem.

Meanwhile, in the energy and fisheries sectors, various strategic programs continue to be encouraged to increase productivity while supporting the needs of the national industry.

The downstream program is considered an important instrument to increase the added value of domestic commodities. This policy is expected to strengthen the national industrial structure, create new jobs, and reduce dependence on raw material exports.

Even though it is faced with global economic uncertainty, Prasetyo assessed that Indonesia's economic fundamentals are still in a relatively strong condition. However, the government remains vigilant about various global dynamics that have the potential to affect economic growth and the stability of the rupiah exchange rate.

Therefore, he invited all stakeholders to maintain optimism and play an active role in strengthening the national economy.

"We must remain optimistic to carry out our respective duties and functions in order to jointly maintain our economy strong, continue to grow and with regard to exchange rate issues so that it can immediately return to what we hope," said Prasetyo.

The government hopes that the acceleration of the real sector program supported by fiscal and monetary policy coordination can become a strong foundation for national economic growth as well as increase Indonesia's resilience in facing various global economic turmoil in the future.