Indonesia's Economy Demonstrates Resilience Amid Global Uncertainty

Strong Economic Growth and Low Inflation

Coordinating Minister for Economic Affairs, Airlangga Hartarto, highlighted Indonesia's economic resilience during the Indonesia Business Council (IBC) event in Jakarta. He emphasized that despite global economic slowdown and rising geopolitical tensions, Indonesia's economy has maintained a growth rate of around 5% for seven consecutive years. The inflation rate was controlled at 2.92% in December, further indicating the country's economic stability.

Comparative Advantage in Global Economic Landscape

Airlangga pointed out that Indonesia's recession probability is lower than major economies such as the United States, China, and Japan, according to Bloomberg's assessment. This comparative advantage is attributed to Indonesia's robust economic fundamentals and effective management of economic challenges. The minister's statement comes at a time when global economic uncertainty is high, making Indonesia an attractive destination for investors seeking stability.

Economic Outlook and Policy Implications

The consistent economic growth and controlled inflation underscore the effectiveness of Indonesia's economic policies. With a stable economic environment, the government is well-positioned to continue implementing policies that support growth and mitigate potential global economic shocks. Airlangga's remarks reinforce investor confidence in Indonesia's economic management and its potential as a stable investment destination in the region.