Jokowi focuses on three programs for even economic growth

23 Februar, 2017 | Source: Antara News

President Joko Widodo (Jokowi) has planned to focus on three programs to spread economic growth more evenly in the country.

"We will conduct three programs to spread economic development more evenly," the president said, in the presence of around 25 thousand cadres of Hanura Party at the confirmation of the new party board for 2016-2020 at International Convention Center in Sentul, Bogor, West Java, here on Wednesday.

The three programs to be carried out are agrarian reform and asset distribution, capital access extension, and human resource development through vocational training.

"We will distribute lands which are not productive to the people through small concessionaries and cooperatives, as well as traditional community ownership scheme to assure even distribution and make these lands the property right of the people. This will provide the people with access to the land," he stated.

The redistribution of the assets is expected to be able to expand capital sources. "Later, we will tackle problems related to human resource development, including through vocational training and development of vocational school," he noted.

Jokowi admitted that the countrys gap ratio has indeed been very wide, including between regions and between the rich and the poor.

The countrys gini ratio was recorded at 0.41 percent two years ago and dropped to 0.39 percent last year.

The president asserted belief that if the three programs were done in 2045, when Indonesia commemorates 100th independence anniversary, the country would be included among the five biggest economies in the world.

He stated that based on assumptions of the finance minister, the countrys population would reach 309 million people in 2045, with a GDP reaching US$9.1 trillion, up 10 times from the present figure.

"If we work consistently like now, we will enter a golden age, as we will enter the group of five biggest economies in the world with per capita income of around $29 thousand. All these would be achieved, if we work consistently and if the economy continues to grow," he affirmed.

Jokowi promised that he would continue to carry out developmental programs starting from the peripheral and border regions.

On the occasion, he explained that the border check points in several locations in Indonesia have now been far better than those of the neighboring countries that share borders with Indonesia.

"This is what we will continue to do. We will develop airports, trans-Kalimantan, trans-Papua, and toll road development from Lampung to Aceh, so that our economy will be better and our people will be more prosperous," he asserted.

 

The Indonesian government plans to issue savings sukuk (Islamic bonds), series ST007, to expand the base of retail investors in the domestic financial market and finance green projects in the state budget (APBN).
President Joko Widodo recently signed a regulation specifying the procurement and immunization schedule for the COVID-19 vaccine for Indonesia, which has been battling the deadly disease since March 2 this year.
President Joko Widodo on Wednesday said the coronavirus pandemic has reminded the nation and the state of the importance of science and technology.
Indonesian Foreign Affairs Minister Retno Marsudi offered her condolences and sympathies to the families of the victims of the explosion that rocked Beirut in Lebanon on Tuesday evening.
Indonesia is working with South Korea to develop a vaccine for the novel coronavirus disease, in addition to collaborating with China.
Indonesia′s economy will start to open and recover from the COVID-19 crisis in August this year, the World Bank′s Country Director for Indonesia, Satu Kahkonen, stated on Thursday.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu