Jakarta (VNA) - The Indonesia Economic Summit (IES) 2025 opened in Jakarta on February 19, bringing together government officials, businesses, and investors from 48 countries and territories.
The summit, organised by the Indonesian Business Council, discussed strategies to address global economic challenges and promote Indonesia's sustainable growth.
In his opening remarks, Chairman of the National Economic Council (DEN) Luhut Binsar Pandjaitan emphasised the importance of collaboration between the government, businesses, and communities in tackling global economic uncertainties. He stated that 2025 marks a new era for Indonesia, as the government focuses on investment and economic recovery following the COVID-19 pandemic. President Prabowo Subianto has set a national economic growth target of 8%, making this goal a key focus of discussions at the event.
Pandjaitan highlighted that Indonesia faces multiple challenges in strengthening its economy, including digital transformation, artificial intelligence (AI), climate change, and economic competition. In response, the Indonesian government is working to enhance budget efficiency and advance economic growth.
During the discussions, key strategic issues were tabled, providing a comprehensive perspective for entrepreneurs, investors, and industry leaders on developing strategic steps to tackle Indonesia’s economic challenges. Networking sessions within the event also offered opportunities for cross-sector collaboration, fostering cooperation between stakeholders to address both domestic and global economic challenges, thus promoting Indonesia's sustainable economic growth./.
Indonesia to reallocate 44 billion USD from budget savings
Indonesian President Prabowo Subianto announced that the country’s budget efficiency measures will continue in three phases, targeting total savings of 750 trillion IDR (44 billion USD).
