Kadin Chairman Responds to Economic Slowdown Indicators, Remains Optimistic on Growth Target
JAKARTA, investor.id - Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Bakrie, has responded to indications of an economic slowdown in Indonesia during the first quarter of 2025. This was reflected in the decline in the number of travellers during the Eid al-Fitr 1446 Hijriah homecoming period.
Anindya assessed that the situation has not yet fully impacted national economic growth. Kadin Indonesia, he said, remains optimistic that Indonesia's economic growth is still on target. He noted that fluctuations in economic growth are normal, but must be measured against national economic targets in terms of priorities.
"We see that the economic target can be achieved, and exports are increasing positively each month by USD 2.5 billion to 3 billion dollars. This is something prospective for the long term, including for this year," Anindya explained on Wednesday (2/4/2025).
Furthermore, Anindya explained that based on investment levels, Indonesia successfully achieved an increase in 2024. "Thirdly, investment in 2024, if I'm not mistaken, reached Rp 900 trillion, above the Rp 700 trillion of the previous year. So if investment and trade are rising, then naturally economic growth will be on target," he said.
For this reason, Kadin Indonesia considers the current economic slowdown to be merely temporary. "So we are quite positive that it will be in line with the target for economic growth," Anindya affirmed.
Previously, the free nutritious meals programme (MBG) and the construction of 3 million homes were projected to become the main engines of Indonesia's economic growth in 2025. This is in line with the government's budget efficiency policy, which enables greater allocation for strategic programmes.
Special Presidential Adviser for Economic Affairs, Bambang Brodjonegoro, stated that economic growth no longer depends on political momentum such as general elections, but rather on the successful implementation of President Prabowo Subianto's key programmes. "The engine of economic growth now rests on the execution of the government's priority programmes, no longer on election momentum," Bambang said at the "Economic Outlook 2025" event on Tuesday (4/2/2025).
Anindya assessed that the situation has not yet fully impacted national economic growth. Kadin Indonesia, he said, remains optimistic that Indonesia's economic growth is still on target. He noted that fluctuations in economic growth are normal, but must be measured against national economic targets in terms of priorities.
"We see that the economic target can be achieved, and exports are increasing positively each month by USD 2.5 billion to 3 billion dollars. This is something prospective for the long term, including for this year," Anindya explained on Wednesday (2/4/2025).
Furthermore, Anindya explained that based on investment levels, Indonesia successfully achieved an increase in 2024. "Thirdly, investment in 2024, if I'm not mistaken, reached Rp 900 trillion, above the Rp 700 trillion of the previous year. So if investment and trade are rising, then naturally economic growth will be on target," he said.
For this reason, Kadin Indonesia considers the current economic slowdown to be merely temporary. "So we are quite positive that it will be in line with the target for economic growth," Anindya affirmed.
Previously, the free nutritious meals programme (MBG) and the construction of 3 million homes were projected to become the main engines of Indonesia's economic growth in 2025. This is in line with the government's budget efficiency policy, which enables greater allocation for strategic programmes.
Special Presidential Adviser for Economic Affairs, Bambang Brodjonegoro, stated that economic growth no longer depends on political momentum such as general elections, but rather on the successful implementation of President Prabowo Subianto's key programmes. "The engine of economic growth now rests on the execution of the government's priority programmes, no longer on election momentum," Bambang said at the "Economic Outlook 2025" event on Tuesday (4/2/2025).