Do not let anyone express pessimism.
Jakarta (ANTARA) - The Indonesian Chamber of Commerce and Industry (Kadin) is expected to formulate road maps on commerce-related aspects—from human resources to industry—to help Indonesia achieve its development targets, President Joko Widodo (Jokowi) said.

"I am pleased if later Kadin can draft road maps for human resource, textile industry, (and) metal industry—everything should have a road map, so our (development) visions become clear," he said at the inauguration of the Kadin National Leadership Meeting 2022 here on Friday.

He further said he believes that a clear and well-planned road map will help improve and advance the domestic economy, including local micro, small, and medium enterprises.

"The most important thing is to create added value (for local businesses)," he noted.

The President emphasized that currently, Indonesia is at the peak of global leadership — considering that Indonesia led the G20 in 2022 and will chair ASEAN in 2023 – which has helped the nation to win the trust of many foreign investors.

There are a number of economic indicators, which have made Indonesia a “bright spot” amidst the global economic downturn, according to the managing director of the International Monetary Fund (IMF), Kristalina Georgieva.

These indicators include a controlled inflation rate of 5.7 percent at a time when average global inflation has reached 10 to 12 percent.

Furthermore, Indonesia's economy grew by 5.72 percent in the third quarter of 2022, which was above the estimated global economic growth of 3.2 percent in 2022.

Indonesia's Purchasing Manager’s Index (PMI) was also maintained at 51.8, when the average (PMI) of other countries was below 50.

In addition, Indonesia’s trade balance experienced a surplus for 30 consecutive months since May 2020.

"Once again, why are we not optimistic while having such achievements? You have to be optimistic. Do not let anyone express pessimism. Considering the figures, you have to be optimistic," he emphasized.

Coordinating Minister for Economic Affairs Airlangga Hartarto State Secretary Minister Pratikno, Investment Minister Bahlil Lahadalia, as well as chairman of Kadin Arsjad Rasjid also attended the event.

Related news: Indonesia MSMEs could serve as reference for global community: Kadin
Related news: Investment Ministry issues Sustainable Investment Guidelines
Related news: Kadin head discusses sustainability with Pope before B20, G20 Summit






Translator: Rangga Jingga, Uyu Liman
Editor: Azis Kurmala
Copyright © ANTARA 2022