President Jokowi delivers the Presentation of the Government Statement on the Bill on the State Budget for the 2025 Fiscal Year and Its Financial Note before the Plenary Session of the House of Representatives of the Republic of Indonesia, held at Nusantara Building, Parliament Complex, Jakarta, Friday (08/16). (Photo source: YouTube Channel of Bureau of Press, Media, and Information of Presidential Secretariat)
President Joko “Jokowi” Widodo firmly stated that the economic growth is stable and people’s welfare is increasing in the last decade. He stated it when delivering the Presentation of the Government Statement on the Bill on the State Budget for the 2025 Fiscal Year and Its Financial Note before the Plenary Session of the House of Representatives of the Republic of Indonesia, held at Nusantara Building, Parliament Complex, Jakarta, Friday (08/16).
In the beginning of his presentation, President Jokowi expressed appreciation for the steadfastness of the Indonesian people who have been going through various difficult challenges in the last ten years, starting from the COVID-19 pandemic, global geopolitical upheavals, trade war, and various potential crises, as well as climate change which resulting to many natural disasters.
“Alhamdulillah, in the midst of those challenges and uncertainties, our political and economic situations remain stable, even they are able to grow sustainably,” President Joko Widodo said in his presentation.
The President mentioned that Indonesia’s economic growth consistently hovers around 5.0 percent, higher than the average global growth at around 3.4 percent. The addition of new workforce has reached 21.3 million in the period of 2015-2024.
“Indonesia’s debt ratio is also one of the lowest among member countries of G20 and ASEAN. Indonesia’s export value also has increased more than 70 percent, reaching 259 billion US dollars in 2023. The current account balance gradually continues to increase. Moreover, trade balance also steadily records a surplus in the last 51 months,” the President said.
He added that the indicator of people’s welfare has also notably improved. The unemployment rate has successfully declined to 4.8 percent in 2024. The poverty rate has also sharply declined to 9.03 percent in 2024. Likewise, the extreme poverty rate has remarkably declined to 0.83 percent in 2024.
“Furthermore, we have also enjoyed the progress of Indonesia-centric infrastructure development, such as toll roads and national roads, dams and irrigations, seaports and airports, the construction of the Nusantara Capital (IKN), and many more,” he added further.
We also work hard to build excellent, competitive, productive and innovative human capital through education reforms, transformation of health system as well as strengthening of social safety nets.
“Education assistance continues to be provided to the underprivileged and vulnerable. Smart Indonesia Program for education has been provided for around 20 million students every year. The Indonesia Smart Card for University Students (KIP Kuliah) and Bidikmisi scholarship has supported 1.5 million university students. The Indonesia Endowment Fund for Education Agency (LPDP) scholarship has been awarded to around 45 thousand university students,” President Jokowi stated.
In addition, efforts to improve health sector are also yielding positive results. Infant mortality rate decreased from 27 per 1,000 live births to around 17 per 1,000 live births in 2023. The stunting prevalence rate dropped from 37.2 percent to 21.5 percent in 2023.
“The number of National Health Insurance (JKN) participants increased from previously 133 million participants to 273 million in 2024, half of whom are recipients of Government-funded assistance (PBI),” he remarked. (FID/ABD)(AW/LW)
