President Jokowi Opens Kadin National Board Meeting 2022

President Jokowi opens the 2022 National Board Meeting of the Indonesian Chamber of Commerce and Industry (Kadin), at Flores Ballroom, Borobudur Hotel, Jakarta. (Photo by: PR of Cabinet Secretariat/Rahmat)

President Joko “Jokowi” Widodo Friday (12/02) opened the 2022 National Board Meeting of the Indonesian Chamber of Commerce and Industry (Kadin), at Flores Ballroom, Borobudur Hotel, Jakarta.

During his opening remarks, the President told the public that Indonesia is currently gaining global trust and on top of the global leadership, particularly on economic sector.

“We don’t quite realize that we’re on top of the global leadership in the sector of economy. We have gained trust; don’t miss this momentum,” he said.

He also encouraged the Kadin to make the best use of this opportunity by drawing up a road map on various sectors, such as human resources and industries, in order to affirm our visions.

The road map, he added, will also drive the national economy.

“This will become a main locomotive that attracts regional entrepreneurs, MSMEs [micro, small, and medium-sized enterprises], and others. Most importantly, it will generate value added,” he said.

On that occasion, President Jokowi also invited Kadin to build optimism amid global economic uncertainty. He cited the statement from International Monetary Fund (IMF) Managing Director Kristalina Georgieva that Indonesia is a bright spot amid the economic gloom.

The statement was based on economic data. Indonesia’s inflation rate was maintained at 5.7 percent while the rest of the world was at 10-12 percent. Indonesia’s economic growth also shows a positive trend and is managed to grow 5.72 percent in the third quarter of 2022, which is above the global economic growth that is projected at 3.2 percent in 2022.

“Our Purchasing Managers’ Index is also recorded an expansive level. All states experienced contraction, a reading of below 50. As far as I know, out latest figure is still at 51.8, above 50 percent,” he said adding that Indonesia’s trade balance also recorded a surplus for 30 consecutive months.

The President called on the public to be optimistic since the country has recorded outstanding figure. (MAY/UN) (RAS/MUR)