Jokowi Baffled by Economy's Slow Pace Despite Positive Growth

Translator

Editor

Kamis, 1 Januari 1970 07:00 WIB

President Joko Widodo. TEMPO/Subekti.

TEMPO.CO, Jakarta - President Joko Widodo or Jokowi voiced his concerns regarding Indonesia’s economic condition which he said has shown a slow-paced improvement even though it is currently in a better condition.


“It’s like being ill. It all seems okay. But we are still unable to run fast,” said Jokowi during a limited cabinet meeting on investments and trade held on Friday, January 5.


Read: Economy Determines Jokowi`s Re-election: INDEF


According to Jokowi, every economic indicator is currently positive, as reflected by the level of international trust towards a better economic management. He referred to an example of the improvement in the ease of doing business (EODB) where Indonesia was ranked at 120th position in 2014 and is currently ranked 72nd.


“That’s a huge leap,” said the seventh Indonesian President. He also reminded his Ministers “not to lose the momentum.”


The only thing puzzling him is that the overall positive economic condition has not provided significant contributions to the country’s level of investment and export performance. “The problem must be identified,” said Jokowi.


AMIRULLAH

Related News

Economists Warn of Large Coalition in Prabowo-Gibran's Cabinet

2 hari lalu

Economists Warn of Large Coalition in Prabowo-Gibran's Cabinet

Several experts discussed input for Prabowo-Gibran in forming their cabinet.

Read More

A Domestic Recipe for the Middle East Conflict

3 hari lalu

A Domestic Recipe for the Middle East Conflict

The Middle East conflicts will harm the Indonesian economy. The solution is to improve the domestic economy.

Read More

Canada's Economy Misses February Growth Forecasts; Q1 GDP Seen Up 2.5%

3 hari lalu

Canada's Economy Misses February Growth Forecasts; Q1 GDP Seen Up 2.5%

Statistics Canada said GDP was likely unchanged from February.

Read More

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

4 hari lalu

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

Sri Mulyani said that geopolitical tensions in the Middle East became the focus of world leaders, which will have a significant economic impact.

Read More

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

8 hari lalu

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

Finance Minister Sri Mulyani said that geopolitical tensions in the Middle East are on the rise and have drawn the attention of global leaders.

Read More

OJK Spills Impact of Middle East Escalation on Indonesia's Financial System Stability

16 hari lalu

OJK Spills Impact of Middle East Escalation on Indonesia's Financial System Stability

OJK will continue to monitor the latest developments in the Middle East and their impact on financial system stability in Indonesia.

Read More

Jokowi Asserts Diplomacy, Economic Policy to Anticipate Middle East Conflict Escalation

17 hari lalu

Jokowi Asserts Diplomacy, Economic Policy to Anticipate Middle East Conflict Escalation

Jokowi chaired a limited meeting with his ministers at Merdeka Palace, Jakarta, on Tuesday to discuss the impact of Iran's strike on Israel.

Read More

Airlangga Preps to Mitigate Economic Impact of Iran-Israel Conflict

18 hari lalu

Airlangga Preps to Mitigate Economic Impact of Iran-Israel Conflict

Coordinating Minister Airlangga Hartarto talked about the potential impact of Iran's attack on Israel on the country's economy.

Read More

Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

36 hari lalu

Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

Vietnam's gross domestic product in the first quarter grew 5.66% from a year earlier as exports boomed, government data released on Friday.

Read More

Jakarta has Capital to Become Business City Competing with New York: Economist

48 hari lalu

Jakarta has Capital to Become Business City Competing with New York: Economist

The metropolitan city of Jakarta has the capital to become a business and economic hub that can compete with New York, an economist says.

Read More