{
    "success": true,
    "data": {
        "id": 1893595,
        "msgid": "kadin-backs-prabowos-push-for-8-percent-economic-growth-1785509457",
        "date": "2026-07-31 21:03:05",
        "title": "KADIN backs Prabowo's push for 8 percent economic growth",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian Chamber of Commerce and Industry (KADIN) has expressed its support for President Prabowo Subianto's ambitious target of achieving 8 per cent economic growth. KADIN Chairman Anindya Novyan Bakrie emphasised the necessity of close collaboration between the government and the business community to escape the middle-income trap.",
        "content": "<p>During a meeting between central and regional KADIN entrepreneurs\nfrom across Indonesia and President Prabowo Subianto on Friday, KADIN\nChairman Anindya Novyan Bakrie said the target requires close\ncollaboration between the government and the business community.<\/p>\n<p>\u201cThe Indonesian economy has grown at around five percent for the past\n20 years. To move beyond the middle-income trap, we must gradually reach\neight percent. If we work together, this is very possible,\u201d Bakrie\nsaid.<\/p>\n<p>According to him, KADIN is a strategic partner of the government, as\nmandated by Law Number 1 of 1987. Therefore, the organization continues\nto encourage collaboration with both the central and regional\ngovernments to strengthen the national economy.<\/p>\n<p>He said that around 92 percent of Indonesia\u2019s gross domestic product\n(GDP) is driven by household consumption, private investment, and\nexports.<\/p>\n<p>This has prompted KADIN to take a more active role in strengthening\nthese sectors by engaging MSMEs, cooperatives, state-owned enterprises\n(SOEs), regional-owned enterprises (ROEs), large corporations, industry\nassociations, and business organizations.<\/p>\n<p>Since the start of President Prabowo\u2019s administration, Bakrie said\nKADIN has strengthened its organization and launched four quick-win\nprograms: the Free Nutritious Meals (MBG) Gotong Royong Task Force, the\nFree Health Check-up (PKG) Task Force, initiatives to protect and\nimprove the capacity of Indonesian migrant workers, and the renovation\nof uninhabitable houses.<\/p>\n<p>He added that KADIN is also stepping up economic diplomacy through\nthe KADIN Global Engagement Office (GEO), which coordinates investment,\ntrade, and industrialization opportunities arising from the government\u2019s\npartnerships with foreign countries.<\/p>\n<p>Bakrie said KADIN welcomes the government\u2019s move to evaluate and\nstrengthen various economic programs. According to him, the policy has\nbeen well received by the market, as reflected in Indonesia\u2019s reaffirmed\ncredit ratings by several international institutions.<\/p>\n<p>He also expressed KADIN\u2019s readiness to collaborate with the Daya\nAnagata Nusantara Investment Management Agency (Danantara) to boost\nnational investment.<\/p>\n<p>\u201cWe hope KADIN can work hand in hand with the government. Together,\nwe can overcome these challenges and achieve eight percent economic\ngrowth,\u201d he said.<\/p>\n<p>Related news: Prabowo highlights tourism in driving Indonesia\u2019s\neconomic growth<\/p>\n<p>Related news: Indonesia shifts from automotive market to production\nbase: Minister<\/p>\n<p>Related news: Creative economy new engine for Indonesia\u2019s economic\ngrowth: Minister<\/p>\n<p>Translator: Fathur Rochman, Resinta Sulistiyandari<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/kadin-backs-prabowos-push-for-8-percent-economic-growth-1785509457",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}