Press Statement of President of the Republic of Indonesia at 2023 Mandiri Investment Forum (MIF) in Fairmont Hotel Ballroom, Jakarta, February 1, 2023

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation     Date 1 Februari 2023
Category: Press Statement @en
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Press
Sir, how is the supervision so that downstreaming can continue?

President of the Republic of Indonesia (Joko Widodo)
It must be consistent and must be controlled. If not, we will move backwards later. All we need is consistency. Otherwise, we will return to exporting raw materials and we won’t get the added value.

Press
Data from the IMF stating that recession won’t happen?

President of the Republic of Indonesia (Joko Widodo)
Global pressure from the economic side has indeed subsided, but that doesn’t mean that a recession won’t happen. Maybe it hasn’t. Economy in the fourth quarter subsided. We just got that information this morning. But we have to remain optimistic while still be vigilant.

Press
Sir, is today the day for cabinet reshuffle?

President of the Republic of Indonesia (Joko Widodo)
I have told about it last night. I won’t repeat it again. Evidently, today is Wednesday Pon (Javanese calendar).

(EST/MMB)

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