President Prabowo Chairs Cabinet Meeting Focusing on Economic Policy, Financial Stability

President Prabowo Subianto chairs a meeting attended by Vice President Gibran Rakabuming and several ministers from the Red and White cabinet, in Kertanegara, Jakarta, Sunday (10/12). (Photo by BPMI of Presidential Secretariat)

President Prabowo Subianto Sunday (10/12) chaired a meeting with Vice President Gibran Rakabuming and several ministers of the Red and White Cabinet to discuss a number of economic stimulus measures at his residence on Jalan Kertanegara, Jakarta.

According to Cabinet Secretary Teddy Indra Wijaya in a written statement on Monday (10/13), the meeting discussed government measures to strengthen the national economy and safeguard financial sector stability.

“On Sunday (10/12), at his private residence in Kertanegara, Jakarta, President Prabowo convened a meeting attended by the Vice President of the Republic of Indonesia, several ministers of the Red and White Cabinet, the Governor of Bank Indonesia, the Chief of the National Police, and the Vice Commander of the Indonesian National Armed Forces,” Cabinet Secretary said.

During the meeting, the Head of State approved a series of economic stimulus measures that the Government will begin implementing this week.

The discussion also focused on the condition and stability of the national financial and banking systems, including the implementation of export proceeds (DHE) management policies governed by government regulations.

Cabinet Secretary Teddy also said that the Head of State expressed confidence that the national economy will strengthen, supported by rising employment and sustained recovery through various strategic government programs.

“The President expressed confidence that the national economy will strengthen, supported by a growing workforce and economic revitalization through various government programs, including the MBG (free nutritious meal) program which has built more than 11,000 kitchens, the already completed construction of 350,000 subsidized houses, agricultural land expansion, and other ongoing initiatives,” he explained.

On that occasion, Cabinet Secretary Teddy stated that the President underscored the importance of closely monitoring and supervising all programs to ensure they are implemented in line with established targets and plans.

“These programs will continue to be closely monitored to ensure they stay on track and meet their targets and plans,” Cabinet Secretary remarked.

For the record, these measures reflect the Government’s commitment to maintaining economic stability, strengthening national resilience, and ensuring public welfare through inclusive and sustainable growth. (BPMI of Presidential Secretariat) (RIF/TM)