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JAKARTA - Minister of Trade (Mendag) Zulkifli Hasan revealed that the Muhammadiyah organization also supports the government in increasing love for local products, as well as encouraging the competitiveness of Indonesian products.

According to him, the government and Muhammadiyah can collaborate in implementing various priority programs, such as micro, small and medium enterprise partnerships (MSMEs), promotion of Muslim fashion, development of agricultural products, and expansion of the market to partner countries.

"The Ministry of Trade encourages Muhammadiyah to move the people's economy. One of them is capital assistance and partnerships with modern retailers for people's stalls," he said in a written statement, Saturday, May 20.

The Trade Minister said that during the Christmas 2022 and New Year 2023 periods, as well as Lebaran 2023, the prices of basic necessities in various regions tended to be stable.

"Alhamdulillah, none of the women held demonstrations, prices were safe and under control," he said

The Trade Minister explained that in 2022 the trade balance recorded the highest record in Indonesia's history with a surplus of USD 54.56 million.

"It is hoped that this year's trade balance will not be inferior to last year," he added.

In addition, he continued, Indonesia's inflation was maintained in the range of 5.5 percent with economic growth of 5.3 percent.

"Until today, people's purchasing power with inflation is still quite balanced," said Zulkifli.


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