World

Indonesia’s 2024 economic outlook remains optimistic

With a strong foundation, Indonesia will generate optimism and demonstrate an ability to recover from many current global challenges, said participants at a December 22 seminar on the country’s 2024 economic prospects.
Jakarta (VNA) - With a strong foundation, Indonesia will generate optimismand demonstrate an ability to recover from many current global challenges, saidparticipants at a December 22 seminar on the country’s 2024 economic prospects.

Speakingat the event, President Joko Widodo affirmed that Indonesia hasbeen successful in handling and overcoming various crises, receiving highpraise for its efforts in accelerating the economic recovery process.

Withthe current economic achievements, he expressed his optimism that Indonesia canturn challenges into opportunities, continuing to maintain its growth momentumand adaptive capacity.

Widodosaid he remains bullish about the national economic outlook next year, based onthe current economic progress, the stable political situation ahead of the 2024elections and the close coordination between the government and the privatesector.

Inhis opening remarks at the seminar, Coordinating Minister for Economic AffairsAirlangga Hartarto stated that in the short term, the Indonesian economy, despitefacing  many negative risks, is expectedto achieve a growth rate of 5.1% in 2023 and 5.2% the following year./.
VNA
#Indonesia #2024 economic outlook #optimistic #Joko Widodo #Airlangga Hartarto #vietnam news agency #vietnamplus Indonesia
Follow VietnamPlus

Related News

See more

nearly 4,000 Korean companies are currently operating in the 10 member countries of the Association of Southeast Asian Nations (ASEAN). (Illustrative photo: vietnamtimes.org.vn)

RoK to seek closer ties with ASEAN

The Republic of Korea (RoK) will make efforts to expand economic exchanges and cooperation with Southeast Asian countries to address anticipated changes in the global trade environment after the new US administration signaled plans to implement protectionist measures, according to its Ministry of Trade, Industry and Energy.

Former Indonesian President Joko Widodo and his successor Prabowo Subianto inspect the progress of the new capital project Nusantara on Aug. 12, 2024. (Photo: Jakarta Globe)

Indonesia approves budget for new capital’s next development phase

The Indonesian government has allocated 48.8 trillion IDR (2.99 billion USD) for the second phase of developing Nusantara, Indonesia's new capital, for the 2025-2029 period. This represents a notable decrease from the 89 trillion IDR set aside for the first phase in 2022-2024.

In the past four elections, the time between the committee’s formation and polling day has ranged from four to 11 months. (Photo: Straits Times)

Singapore prepares for general election

A committee reviewing Singapore’s electoral boundaries was established by Prime Minister Lawrence Wong, the Elections Department (ELD) said on January 22.

Head of the National Narcotics Agency of Indonesia (BNN) Marthinus Hukom (Photo: antaranews.com)

Indonesia prioritises drugs combat

Head of the National Narcotics Agency of Indonesia (BNN) Marthinus Hukom stated on January 22 that Prabowo Subianto is the first President to make drugs combat one of the country’s priority programmes, as outlined in the Asta Cita mission.

Officers measure emissions from a pickup truck at a checkpoint set up in front of Chatuchak Park on Phahon Yothin Road in Bangkok in January 2024. (Photo: Bangkokpost)

Thai cabinet approves carbon tax to curb emissions

The Thai cabinet approved a carbon tax of 200 THB (5.9 USD) per tonne of carbon emissions on January 21, as part of the country’s strategy to reduce greenhouse gas emissions, according to Deputy Finance Minister Paopoom Rojanasakul.