"Research and innovation must be prioritized to formulate modern policies," he said while joining the Merdeka Economic Forum via video conferencing from Jakarta on Monday.
In economic policy, research and innovation are needed to change the economic order and make it sustainable through the development of a green economy and a blue economy with inclusive participation, he explained.
The Vice President also emphasized several requirements for accelerating economic recovery from the pressures of the COVID-19 pandemic.
According to Amin, strengthening the national health system and controlling the pandemic are vital for scripting an economic recovery.
Therefore, the government has continued to strengthen support for health facilities, health workers, and the availability of medicines, he noted.
"The development of domestic vaccinations, the application of health protocols, as well as public health services must also continue to be strengthened," he said.
Furthermore, the Vice President said, structural reform, as a prerequisite for economic recovery, must also be guarded.
"The focus of sustainable development is directed at strengthening quality human resources, infrastructure development, creating a conducive business and investment climate, including support for MSME (micro, small, and medium enterprise) players, creating quality jobs and digital transformation," he explained.
In addition, Indonesia's Presidency of the G20 Forum in 2022 must be used to increase trade cooperation, industrialization, mastery of technology, and handling the climate crisis, he said.
"Similarly, the direction of Islamic economic and financial development that prioritizes justice, inclusion, and sustainability must continue to be encouraged to strengthen national economic resilience," the Vice President remarked.
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Translator: Indra AP, Azis Kurmala
Editor: Sri Haryati
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