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Bappenas Head Suharo Monoarfa says Indonesia must pursue economic growth of 6 percent by 2022 in order to escape the middle-income trap.
Bappenas has officially projected Indonesia's 2022 economic growth to be between 5.4 to 6 percent.
National Development Planning Agency (Bappenas) confirmed that the construction of the state palace in the new capital city will start in 2021.
Bappenas Deputy Rudy Soeprihadi Prawiradinata clarified that the design of the new State Palace is still in the initial stage.
Canada-driven development program, along with Bappenas, sees the role carried by Indonesian women entrepreneurs amid the COVID-19 pandemic.
Bappenas Head Suharso Monoarfa said that President Joko "Jokowi" Widodo targeted a significant decrease in the rate of extreme poverty by 2024.
Bappenas Head Suharso Monoarfa confirmed that his side had completed the master plan for the new capital city construction project.
The government was striving to reduce the poverty rate to around 9.2 to 9.7 percent in 2021, said Minister or Bappenas Head Suharso Monoarfa.
Minister of National Development Planning or Bappenas Head Suharso Monoarfa says Indonesia will still face many challenges in 2021.
Bappenas Head Suharso Monoarfa says that the Covid-19 pandemic poses a new challenge with the rising amount of non-medical and medical wastes.
PUPR Minister Basuki Hadimuljono ensured that there was no budget for the physical construction of the new capital city in East Kalimantan in 2021.
In addition to unemployment, the poverty rate due to the Covid-19 pandemic will also increase to a range of 9.7 to 10.2 percent.
Indonesia has reportedly received grant funds from the World Bank and the Asia Development Bank for the coral reefs rehabilitation program.
Finance Minister Sri Mulyani Indrawati reported that she planned to redesign the budgeting system of the State Budget (APBN) in 2021.
Bappenas head predicted that the open unemployment rate by 2021 may increase to 12.7 million, in line with the widespread impact of Covid-19 pandemic.
Bappenas said the poverty rate could rise to 10.54 percent during the COVID-19 pandemic without governmental intervention.
The postponement of the masterplan for the new capital has also resulted in positive impacts, says Bappenas.
Bappenas head Suharso Monoarfa responded to the US' decision to remove Indonesia from the list of developing and least-developed countries.
Bappenas deputy of regional development, Rudy Suprihadi, said his side targeted to issue regulations on the new capital city this mid-year.
Several NGOs joined in the civil society coalition considered Jokowi government's plan to relocate the capital city an ambitious project.