{
    "success": true,
    "data": {
        "id": 1751639,
        "msgid": "prabowo-stresses-article-33-of-constitution-to-protect-state-wealth-1779545784",
        "date": "2026-05-20 13:06:37",
        "title": "Prabowo stresses Article 33 of Constitution to protect state wealth",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Economy",
        "summary": "Prabowo urged strict, consistent implementation of Article 33 of the 1945 Constitution to preserve state wealth and steer Indonesia toward prosperity and equity. He argued the founding economic model must not be supplanted by capitalism or neoliberalism and warned deviations have led to losses through illegal practices, such as illegal mining and under-invoicing. He pointed to a low revenue-to-GDP ratio among G20 peers, at about 11\u201312%, despite Indonesia\u2019s strategic geographic position and status as a major exporter of three key commodities.",
        "content": "<p>\u201cI want to reaffirm my belief that if we implement Article 33 of the\n1945 Constitution properly and consistently, our country will have\nsufficient resources to ensure Indonesia becomes a prosperous and just\nnation,\u201d he said during a plenary session of the House of\nRepresentatives (DPR) on Wednesday.<\/p>\n<p>According to Prabowo, Indonesia\u2019s founding fathers formulated the\neconomic foundation based on the nation\u2019s long struggle against\nimperialism, and therefore it should not be replaced by capitalism or\nneoliberalism.<\/p>\n<p>He warned that deviations from the national economic framework had\ncaused massive losses of state wealth through various illegal\npractices.<\/p>\n<p>Related news: Indonesia\u2019s Prabowo names SOEs sole exporters for key\ncommodities<\/p>\n<p>\u201cIf we consistently implement Article 33, we can avoid practices such\nas under-invoicing, false reporting, falsification of export tonnage and\nquality, fraud against the state, as well as illegal mining, illegal\nlogging, and illegal plantations,\u201d he said.<\/p>\n<p>Prabowo also highlighted what he described as the irony of\nIndonesia\u2019s economy, which grew 35 percent over the past seven years\nwhile the middle class shrank and poverty increased.<\/p>\n<p>He said the condition reflected a serious systemic failure, with\nIndonesia recording the lowest state revenue-to-GDP ratio among G20\nmembers.<\/p>\n<p>According to International Monetary Fund (IMF) data, Indonesia\u2019s\nrevenue ratio stands at around 11\u201312 percent of GDP, below Cambodia\u2019s 15\npercent, India\u2019s 20 percent, the Philippines\u2019 21 percent, and Mexico\u2019s\n25 percent.<\/p>\n<p>He noted that Indonesia has a strategic geographic position and is\nthe world\u2019s largest exporter of three strategic raw and processed\ncommodities.<\/p>\n<p>Related news: Prabowo vows to keep Indonesia\u2019s 2027 budget deficit\nbelow 2.5 pct<\/p>\n<p>Related news: Indonesia projects 5.8\u20136.5 percent economic growth in\n2027: Prabowo<\/p>\n<p>Translator: Aditya Ramadhan, Cindy Frishanti Octavia<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/prabowo-stresses-article-33-of-constitution-to-protect-state-wealth-1779545784",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}