Politics
2022 economy grows 5.31%, highest under Jokowi’s administration
Economic growth in 2022 is the highest since 2013 when at that time growth reached 5.56%. This achievement also surpassed the figure before the COVID-19 pandemic.
“This growth is well above the pre-COVID figure, which averaged 5% before the pandemic and this is the highest figure since the reign of President Mr. Joko Widodo,” Airlangga said in a statement. press conference, Monday (02/06/2023).
Airlangga said that all major sectors, namely trading, mining, agriculture and construction industries, continued their positive trend and witnessed impressive growth. The business areas with the strongest growth were transportation and warehousing, which increased by 16.99% on an annual basis, as well as accommodation and food services by 13.81%, which were driven through increased community mobility and increased visits by foreign and domestic tourists.
“What is most encouraging is the manufacturing industry sector which has grown faster than the national economic growth, namely the industrial sector GDP of 5.64% year-on-year,” he said. -he adds.
Spatially, economic growth in all regions of Indonesia would have strengthened where Java grew by 5.31%, Sumatra by 4.69%, Kalimantan by 4.94%, Bali and Nusra by 5.08% , Sulawesi by 7.05% and Maluku and Papua by 8.65%.
“That (Maluku and Papua) is greatly helped by the downstream and high-end commodities,” Airlangga said.
This strong economic growth throughout 2022 should support the economy in 2023. The government remains cautious in the face of a global economic slowdown which could reduce demand levels.
“The government is preparing a target for Indonesia’s economic growth in 2023 of 5.3% year on year and this is also supported by various institutions who estimate that Indonesia’s economic growth can reach at least 5%,” he added.
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