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Economic Growth Slows to 5.03% in 2024: Sri Mulyani Speaks Out

Indonesian Government to optimize APBN for Economic stability and Community Welfare

Jakarta – In a recent ​statement, indonesian Finance Minister Sri Mulyani Indrawati​ outlined the government’s plans to optimize the State⁣ Revenue‌ and Expenditure Budget (APBN) to bolster the national economy and enhance community welfare. The focus will be on maintaining the purchasing power of⁢ the community through various social protection programs and ‌economic ⁤support initiatives.

the agricultural ⁤sector, which⁢ has seen fluctuations,‌ is expected to benefit from policies aimed at achieving food self-sufficiency and implementing the ⁣nutritious Food Program (MBG).According to the minister, the sector’s performance is anticipated to⁤ improve despite recent⁣ setbacks in rice and coconut production, as well as palm oil.

“However, the performance of the agricultural sector is expected ⁢to increase along with the policy ⁢of food self-sufficiency and free nutritional eating program (MBG). Meanwhile, the⁢ mining sector also grew moderately by 3.95% in the fourth quarter or 4.90% ‍for 2024,” the minister noted.To‌ maintain the purchasing power of the community, the government will continue to ​fortify the Social ⁢Protection Program (Perlinsos). This⁣ includes programs ​such as the ⁢Family Hope Program (PKH), food⁤ cards, and various subsidies and compensations. These initiatives are crucial for​ ensuring that‍ the most vulnerable ​segments of society have access to ​essential goods and services.

Along with‍ social protection, the government⁤ is committed to increasing the capacity of Micro, small, and Medium Enterprises⁣ (MSMEs). This will⁤ be achieved ⁣through the Kredit Usaha Rakyat (KUR)​ program and various tax ⁢facilities designed​ to support these enterprises. Strengthening MSMEs is vital for⁣ fostering economic growth and creating job ‌opportunities.Price⁣ stability is another⁣ key concern, and the​ government will ⁢focus on food price ⁤stabilization (SPHP) to ensure that essential commodities ‌remain ⁢affordable for the general⁣ public.⁤ This is particularly significant​ in the context of ​global economic‌ uncertainties and fluctuations in⁣ commodity⁢ prices.

“The government⁣ also continues​ to strengthen collaboration,⁣ coordination, and synergy to optimize the impact of policies on the ⁤economy and community welfare, ⁢through fiscal, monetary, and‌ financial sector ⁣policies,” concluded Sri Mulyani.

The government’s⁣ thorough approach to economic ‍management and community ​welfare is aimed at creating a stable and inclusive economic environment. By focusing on⁣ social⁤ protection, MSME support, and price stabilization, the government seeks to build resilience and ensure sustainable economic growth.

For more ⁣information on ⁣the APBN and related economic policies,visit the⁣ Ministry ⁣of​ Finance website.

By ‌Aid/Ara

Disclaimer: This‌ article is based on⁣ information provided by the Indonesian‍ Ministry of Finance‍ and may⁤ be subject to updates as new details emerge.

Indonesian Government to Optimize APBN for Economic Stability and Community Welfare

Jakarta – In a recent statement, indonesian Finance Minister⁢ Sri⁣ Mulyani Indrawati outlined​ the⁣ government’s plans to optimize the State Revenue and Expenditure Budget​ (APBN) to bolster the national economy ⁤and enhance community welfare. The focus will‌ be on maintaining the purchasing power of the⁢ community‍ through various social⁢ protection programs and economic support initiatives.

Editor’s Interview‍ with Sri ⁣Mulyani ‍Indrawati

Q: Can you elaborate on the government’s strategy to optimize ​the APBN?

Sri Mulyani Indrawati: the ‍government aims to optimize the APBN by prioritizing expenditures that directly impact the community’s well-being. This includes‍ investing in social protection⁣ programs, ⁤economic support initiatives, and infrastructure development.Our goal is to ⁢ensure that the budget allocations are efficient and effective in achieving our⁤ economic stability ⁤and community ⁢welfare objectives.

Q: How does the government plan to maintain⁣ the ‍purchasing power⁣ of the community?

Sri mulyani Indrawati: We plan to maintain the purchasing power of the community by‍ implementing⁢ various social protection programs. These programs are designed to ⁢provide‍ financial assistance and support to vulnerable groups, ensuring‌ they have access to essential goods and⁢ services. Additionally, we will continue to monitor and ⁤stabilize prices to‌ prevent inflation from eroding the‌ community’s purchasing power.

Q: what specific ‍measures are being taken ⁤to support ⁢the agricultural sector?

Sri Mulyani Indrawati: The agricultural sector has seen fluctuations in recent years. To address these challenges, we are⁢ implementing ⁣measures to improve agricultural productivity and resilience. This includes providing subsidies⁢ for agricultural inputs, investing in infrastructure to facilitate the distribution of⁣ agricultural products, ​and promoting ⁣modern ‌farming ‌techniques.‌ Our goal is to stabilize‌ the sector⁣ and ensure food security‌ for the community.

Q: How does ‍the government balance economic stability with ​community welfare?

Sri Mulyani Indrawati: Balancing economic stability with community welfare is a⁣ priority for the government. We achieve this by focusing​ on social protection, MSME ‍support, and‌ price stabilization. By implementing these​ measures, we aim to create ‌a stable and inclusive economic environment that promotes sustainable economic growth and enhances community welfare.

Q: What role does the Ministry of Finance play in⁤ these initiatives?

Sri Mulyani Indrawati: The Ministry of Finance plays a crucial ‌role in⁣ coordinating and implementing these initiatives. We work closely with other government agencies to ensure‍ that budget⁤ allocations are used effectively and ⁣efficiently. Our goal is to provide ⁢the necessary financial⁢ support to achieve⁣ our‍ economic stability and⁢ community welfare objectives.

Conclusion

The Indonesian government’s thorough approach to economic ‌management and community welfare is aimed at ​creating ‌a stable ‍and inclusive economic environment. ‍By focusing on social protection, MSME support, and price stabilization, the⁢ government seeks to build resilience and ensure sustainable economic growth. For more data on the APBN and related ‍economic policies, visit the Ministry of Finance ‍ website.

By Aid/ara

Disclaimer:⁣ This article is based on information provided by the Indonesian Ministry of Finance ⁢and⁣ may be subject to updates as new‌ details emerge.

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