Indonesia's economy is displaying strength with a 5.17% growth in Q2 2023, reflecting the nation's journey towards its "High Income Country" goal by 2045 as part of the Indonesia Emas 2045 Vision. Minister of Economic Affairs, Airlangga Hartarto, outlined the objectives for 2045, which include reaching a USD 9.8 trillion nominal GDP, a GNI per capita of USD 30,300, an 80% middle-income population, a manufacturing sector contribution of 28% to GDP, and a 25.2% employment rate.
Airlangga stressed the need for an annual growth rate of 6% to 7% and advocated for a transformational development approach, emphasizing infrastructure, human capital, research, innovation, regulatory reforms, data governance, investment, and financing enhancement. He highlighted Indonesia's demographic and natural resource advantages, urging active efforts to capitalize on the demographic bonus within the next 13 years. The nation's role in international collaborations, such as hosting the G20 and chairing ASEAN, is integral to its advancement. Initiatives like ease of business enhancement, investment promotion through the Omnibus Law and Online Single Submission, export promotion, value-added activities, and sustainability are being pursued. The involvement of various stakeholders, including the State Audit Board (BPK RI), is crucial to ensuring transparency, governance, and accountability in realizing the national vision.
