Pursue Growth Target in 2024, Investment Needs IDR 1,650 Trillion

Pursue Growth Target in 2024, Investment Needs IDR 1,650 Trillion

President Joko Widodo. (BP/Antara)

JAKARTA, BALIPOST.com – To achieve the 2024 economic growth target of 5.1-5.7 percent, investment realization of IDR 1,650 trillion is needed. This was conveyed by Indonesian President Joko Widodo (Jokowi) at the National Investment Coordination Meeting in Jakarta, Thursday (7/12).

Jokowi said that achieving investment realization of IDR 1,650 trillion in 2024 was not an easy thing amidst the current global situation. Therefore, the President emphasized to each party to work hard to attract investment according to the target so that economic growth in 2024 is achieved.

“It’s not an easy thing in the current world situation, it doesn’t support it. “But I believe that all of our hard work will be able to complete the investment target that we have set, IDR 1,650 trillion,” said Jokowi, quoted by the Antara News Agency.

Jokowi said the experience in 2022 and 2023 taught that without investment, it is difficult to achieve increased economic growth. This is because the wheels of the Indonesian economy still require capital flows to stimulate the economy. “We have to compete, catch up with other countries that are also pursuing investment,” he said.

Jokowi asked for improved service to investors. The Ministry of Investment/BKPM and also local governments need to immediately follow up on all problems faced by investors.

“If there is a problem, solve it immediately, they (investors) will really feel helped without us ‘marketing’ because they will talk to their friends because global investors can be counted, they will definitely say, ‘Wow, we are investing in Indonesia’,” said the President.

He said that the Ministry of Investment/BKPM, all regional heads, all heads of regional departments, and all Chief Administrators of Special Economic Zones were the spearheads of investment services.

“I ask that we continue to improve the national and regional investment climate and increase investment realization,” said Jokowi. (kmb/balipost)


This news article has been translated from the original language to English by WorldsNewsNow.com.

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