Indonesia’s 2024 economic outlook remains optimistic
With a strong foundation, Indonesia will generate optimism and demonstrate an ability to recover from many current global challenges, said participants at a December 22 seminar on the country’s 2024 economic prospects.
Jakarta (VNA) - With a strong foundation, Indonesia will generate optimismand demonstrate an ability to recover from many current global challenges, saidparticipants at a December 22 seminar on the country’s 2024 economic prospects.
Speakingat the event, President Joko Widodo affirmed that Indonesia hasbeen successful in handling and overcoming various crises, receiving highpraise for its efforts in accelerating the economic recovery process.
Withthe current economic achievements, he expressed his optimism that Indonesia canturn challenges into opportunities, continuing to maintain its growth momentumand adaptive capacity.
Widodosaid he remains bullish about the national economic outlook next year, based onthe current economic progress, the stable political situation ahead of the 2024elections and the close coordination between the government and the privatesector.
Inhis opening remarks at the seminar, Coordinating Minister for Economic AffairsAirlangga Hartarto stated that in the short term, the Indonesian economy, despitefacing many negative risks, is expectedto achieve a growth rate of 5.1% in 2023 and 5.2% the following year./.
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Indonesian authorities said on December 22 that they will fine palm oil companies operating within forest areas with a total sum of 4.8 trillion IDR (310.1 million USD).
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