Indonesian Political, Business & Finance News

Government boosts food programmes and downstreaming to safeguard economy

| Source: ANTARA_ID Translated from Indonesian | Economy
Government boosts food programmes and downstreaming to safeguard economy
Image: ANTARA_ID

Jakarta (ANTARA) - The government has reaffirmed its commitment to maintaining national economic stability by accelerating various strategic programmes in the real sector, ranging from food and fisheries to downstreaming.

Through a statement from the Government Communications Agency in Jakarta on Saturday, Minister of State Secretary Prasetyo Hadi stated that these steps are essential to strengthen macro-economic growth amidst ongoing global dynamics and challenges.

“We are encouraging programmes that can increase growth in the real economic sectors, which must be accelerated, particularly in the fields of food, energy, and fisheries, as well as industrialisation and downstreaming,” said Prasetyo.

He noted that national economic stability cannot be maintained by a single institution alone. Consequently, the government is strengthening cross-agency coordination to ensure that monetary and fiscal policies run in tandem and support one another.

According to Prasetyo, current global economic conditions demand strong cooperation among all stakeholders. He stated that all policies adopted by the government must be able to reinforce each other to maintain national stability.

“In today’s situation, cooperation among all of us is required. Policies must be mutually supportive and reinforce one another,” he said.

Furthermore, Prasetyo stated that the government remains vigilant regarding economic dynamics that could affect exchange rate stability and national economic growth. Therefore, Prasetyo urged all parties to remain optimistic in performing their respective duties to the maximum.

“We must remain optimistic in carrying out our respective tasks and functions to collectively ensure our economy remains strong and continues to grow. Regarding exchange rate issues, we hope they can soon return to our expectations,” he concluded.

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