• 8 months ago
Komisi Pemilihan Umum (KPU) RI resmi menetapkan Prabowo Subianto dan Gibran Rakabuming Raka sebagai Presiden dan Wakil Presiden terpilih. Penetapan tersebut berdasarkan hasil dari rapat pleno. Setelah kemenangannya, masyarakat Indonesia kini menunggu langkah Prabowo-Gibran dalam melaksanakan program-programnya, termasuk di bidang ekonomi. Dalam kampanye ataupun debat presiden, Prabowo-Gibran sudah mengutarakan sejumlah visi dan misi serta program di bidang ekonomi. Di antaranya hilirisasi, mendirikan Badan Penerimaan Negara (BPN) untuk meningkatkan rasio penerimaan negara terhadap Produk Domestik Bruto (PDB) ke 23%, serta swasembada pangan.

Sementara itu, Institute for Development of Economics and Finance (Indef) menilai kemenangan satu putaran pasangan capres dan cawapres Prabowo-Gibran dapat menggairahkan investasi di Indonesia. selain itu, pemerintahan yang akan dipimpin oleh Prabowo Subianto-Gibran Rakabuming Raka mendatang perlu untuk meramu sejumlah strategi dalam rangka mencapai target pertumbuhan ekonomi sebesar 6%-7%.

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00:00The General Election Commission officially appointed Prabowo Subianto and Gibran Raka Buming Raka as president and elected representatives.
00:16After their victory, the Indonesian people are now waiting for Prabowo Gibran's steps in implementing their programs, including in the field of economy.
00:24The General Election Commission officially appointed Prabowo Subianto and Gibran Raka Buming Raka as president and elected representatives.
00:38The election was based on the results of the plenary session.
00:43The General Election Commission officially appointed Prabowo Subianto and Gibran Raka Buming Raka as president and elected representatives in the period of 2024-2029.
01:07In the general election of 2024, with a total of 96,214,691 votes or 58.59 percent.
01:33All the processes today, we accept the appointment of the General Election Commission and then we will start working hard to prepare ourselves.
01:47I think the important thing is now our obligation as political leaders, our obligation is to work together, the people hope and demand all political leaders to work together, work for the people.
02:16After their victory, the Indonesian people are now waiting for Prabowo Gibran's steps in implementing their programs, including in the field of economy.
02:24In his campaign or presidential debate, Prabowo Gibran has voiced a number of visions and missions as well as programs in the field of economy,
02:31including Hilirisasi, establishing a state-owned body to increase the state-owned ratio of GDP to 23 percent and the welfare of the poor.
02:41Meanwhile, the Institute for Development of Economics and Finance or INDEF estimates that the government led by Prabowo Subianto Gibran Raka Buming Raka
02:50needs to formulate a number of strategies in order to achieve the target of economic growth of 6 to 7 percent.
02:57Jakarta, IDX Channel coverage team
03:00Pak Sani Iskandar, Deputy Chairperson, DPN Apindo
03:04Yes, Mr. Mir, our topic this time is the world of business and the establishment of Prabowo Gibran as the winner of the election.
03:09We have been connected via Zoom with Mr. Sani Iskandar. He is the Deputy Chairperson of DPN Apindo.
03:15Yes, hello, good morning, Mr. Sani.
03:17Yes, good morning too, Mr. Pras.
03:20Yes, greetings.
03:21Good morning too.
03:23Thank you for the time you gave, Mr. Sani.
03:26Let's start with the world of business.
03:29The establishment of the President and Vice President of the Republic of Indonesia from the 2024 election contest has been established by the General Election Commission.
03:39Mr. Sani, please.
03:40Yes, of course, the world of business, especially in this matter, the Association of Indonesian Entrepreneurs, Apindo,
03:46congratulates the election of Mr. Prabowo Subianto and Mr. Gibran Raga Buming
03:54to lead our country and government later in October.
04:05So the point is, we also hope for good cooperation between the government and all of us
04:15from the world of business, so that the goals that have been stated in the gold Indonesia plan for 2045 can be realized.
04:26Okay, what policies are expected to be implemented as soon as this couple or this couple is finally appointed?
04:38Yes, of course, the policies that have actually been implemented by the previous government.
04:46Okay.
04:47There are many things that may not have been implemented effectively, especially those related to legal certainty.
04:57Okay.
04:58We often have a very good program, but in practice, the implementation is often weak.
05:07In the Omnibus Law, we have talked a lot and established things related to reformation, bureaucracy, regulation, and so on.
05:21Okay.
05:22But the implementation is still a lot of delays, including in the online single submission and all kinds of things.
05:30We want everything to be more transparent, faster, more efficient, and so on.
05:36Including Mr. Pras, which is also often a hindrance for the business world.
05:42Harmonization and synchronization between the ministries, including the central government and the regions, and so on.
05:52We hope this can be better.
05:55So that with better synchronization and harmonization,
05:59this can also create more interesting investments for investors.
06:06If we review this a little bit, Mr. Prasani,
06:08actually, how is the implementation right now?
06:10If we look at what was expected earlier, there is harmonization, then how to synchronize the policies, of course.
06:16If we look at it from the Ministry of Institutions, then the regional center,
06:20so that it can really revive the business world as a whole and evenly in Indonesia.
06:27Yes, this is what actually happens.
06:31Because the business world always works from something that has been established based on government policies.
06:42Okay.
06:43Starting from the budget, then the work program is arranged.
06:49Often, in the implementation, there are changes.
06:54Okay.
06:55Those changes may be needed.
06:57But if it's too fast, or maybe not enough basic,
07:02that's what makes the business world become stagnant.
07:05Therefore, if the government has been issued,
07:11both in the form of law, press,
07:15for a certain policy,
07:18a certain ministry supports,
07:21but others may not support and so on.
07:24This, of course, cannot run well.
07:27Including the regional center as well.
07:30So, the regional center,
07:33the president and the central government still have control
07:39so that what has been decided in the central government policy
07:44is also supported by the region.
07:47Okay.
07:48Mr. Sani, and we are now also connected via Zoom
07:52with Mrs. Esther Sriastuti.
07:54She is the Executive Director of Indef.
07:56We will try to get in touch with her.
07:58Hello, good morning, Mrs. Esther.
08:01Hello, good morning, Mr. Sani.
08:05Mr. Sani and...
08:07With Mr. Prasetyo, ma'am.
08:09Oh yes, Mr. Prasetyo, good morning.
08:11Thank you for the opportunity.
08:13Thank you for the opportunity.
08:14Earlier, we have discussed
08:16how the business world welcomes the positive
08:18when it is finally established.
08:20Both the President and the Vice President of the Republic of Indonesia
08:24in the 2024 election,
08:26Mr. Prabowo and also Mr. Gibran.
08:29Well, how does Indef's own response
08:32see the current conditions?
08:34Is it true that what is expected is the political policy?
08:37If earlier, from the business world,
08:39it was expected that there will be harmonization,
08:41synchronization of the policy of the Ministry of the Interior,
08:44as well as the Central and Regional.
08:46How about Indef?
08:48Yes, for me, Indef itself,
08:53because the policy is
08:58Indonesia gold,
09:00by increasing the value of exports,
09:05so that later,
09:07when Indonesia has been independent for 100 years,
09:12it will be the fifth largest country in the world.
09:17Economically.
09:19So, what needs to be focused on later
09:23is Indonesia gold,
09:25the gold generation, right?
09:27When Mr. Prabowo and Mr. Gibran debated on the tagline.
09:32So, in order to achieve Indonesia gold
09:37and the gold generation,
09:39we have to pay attention to the quality of human resources.
09:45So, what needs to be focused on
09:50is the increase in the quality of human resources
09:53through the increase in the quality of skills.
09:58So that in 2045,
10:02when it is predicted that there will be a demographic bonus,
10:09it will not be a demographic disaster
10:12or an explosion of prosperity.
10:15That's it, Mr. Prasetyo.
10:17Okay, so how about the policy?
10:19It is expected from entrepreneurs
10:21is harmonization, synchronization.
10:23In your opinion, Erick,
10:24with INDIF, is it in accordance with the consensus?
10:27In other words, is it in accordance with the expectations of many parties
10:29or is there still work to be done there?
10:33Yes.
10:34If it is related to the business world,
10:37this is in accordance with the mission of Mr. Gibran,
10:42the programs.
10:43One of them is industrial realization.
10:47So, this business world
10:50must be given an incentive
10:54so that investors want to invest in Indonesia.
10:59It means that in an industrial realization,
11:04there are still empty parcels.
11:06For example, from the past,
11:08from the raw materials we may have,
11:11but to be processed into intermediate goods
11:15or intermediate materials,
11:17it needs an investor or a factory.
11:19It is pushed there,
11:21the government incentives are given
11:24to fill in those parcels.
11:26So that the industrial realization
11:29can be achieved smoothly.
11:33Okay, let's go back to Mr. Sani.
11:35We will ask for his opinion
11:36about the various incentives they have received.
11:39Hello, Mr. Sani.
11:40We will continue again.
11:42Mr. Sani, how about the incentives that have been given to the business world?
11:45Isn't the red carpet already given by the previous government?
11:49It means that it is still in operation until October
11:51for the business world.
11:53Yes, actually,
11:55our government gives incentives.
11:59Other governments also give the same.
12:03Not necessarily,
12:05maybe other countries can be more interesting.
12:09That's why some big investments,
12:11for example, like BYT,
12:14then Vinfest,
12:16in the automotive sector,
12:18especially electric vehicles,
12:20or maybe others,
12:22will always compare.
12:24In the current global competition situation,
12:27it is always.
12:29I am also the chairman of the industrial area.
12:32I see that
12:34the investor chooses the location
12:36for him to be in which area,
12:39it is not a competition only in Indonesia.
12:41But they see how it is in Thailand,
12:43in Malaysia, in Vietnam.
12:45That's the first.
12:47So, the attractiveness of our investment,
12:49if it is related to incentives,
12:51it must be compared with other countries.
12:54Second, consistency.
12:56Maybe you also understand
12:59that consistency,
13:01sometimes, the policy has been given incentives
13:04like this and that,
13:06but the implementation rules haven't come out yet,
13:09and so on.
13:10Even if it comes out,
13:12it is not impartial.
13:14It is not automatically given.
13:16We have to propose it first,
13:18and all kinds of things need to be processed
13:20by the Ministry of Finance.
13:22Then sometimes people are also afraid
13:24if it is related to tax business.
13:26Sometimes there is tax deductible,
13:29a few percent, and all kinds of things
13:31that may not be too big.
13:33But because we asked for it,
13:36finally, financial reports and all kinds of things
13:39are checked, audited, and all kinds of things.
13:41In the end, we even got a few incentives.
13:44Yes, yes, yes.
13:46And all kinds of things.
13:48So far, it's been in a normal order,
13:52or what should be okay.
13:54But sometimes there are parties
13:56who try to then
13:58look for it and all kinds of things,
14:00so it ends up being
14:02self-concern for the business world.
14:04Okay. So, Mr. Sani and Mrs. Esther,
14:06the spirit is actually good, positive,
14:08but in terms of implementation and execution,
14:10it seems that this also needs to be maintained.
14:13How? The important thing is consistency
14:15with the law,
14:17then the rules below
14:19will also be like what,
14:21which is of course done by many parties
14:23and related ministries and other institutions.
14:25We will discuss more,
14:27related to the challenges
14:29of Indonesia's economy in the future,
14:31what it will be like in the next segment,
14:33stay with us.
14:50We will continue this interesting discussion
14:52with Mrs. Esther Syastuti,
14:54Executive Director of Indef
14:56and also Mr. Sani Iskandar,
14:58Deputy Chairperson of DPN Apindo.
15:00Let's go to Mrs. Esther first.
15:02What are the challenges of Indonesia's economy in the future?
15:05And if this is based on programs,
15:07as has been conveyed to the public,
15:09from Mr. Gibran,
15:11there is hillarization,
15:13then establishing a state-accepted body,
15:15the atmosphere of food, fertilizer,
15:17then eradication of poverty,
15:19and free lunch.
15:21How is this? What does Indef see
15:23the implementation on the ground?
15:25Will it be in line with the expectations,
15:27considering the challenges
15:29that have been conveyed from the business world,
15:31how important it is to maintain
15:33the action on the ground,
15:35so that there is no imposition of importance there.
15:37Please.
15:40Okay, Mr. Prasetyo,
15:42this question is very interesting,
15:44related to the programs
15:46that have been conveyed by Mr. Prabowo
15:48and Mr. Gibran.
15:50So, in my opinion,
15:52from so many programs,
15:54we must prioritize
15:58which programs
16:01have a long-term impact
16:04and have a lot of multiplier effects.
16:09Why do we have to list,
16:14list which programs
16:16that we choose
16:18must be prioritized?
16:20First, because we are subject
16:22to budget constraints.
16:25Because our budget,
16:27if we talk about the fiscal space,
16:29our debt ratio is already 38%.
16:33Total debt is divided by total GDP.
16:37It means that 38%
16:39we should be aware,
16:41we should be alert.
16:43So, this is what makes
16:45why we have to be very careful
16:48in managing the budget.
16:50So, it is prioritized
16:52for productive spending.
16:55For example,
16:57from the programs
16:59that Mr. Prasetyo mentioned,
17:01the first one is
17:03the industrial hybridization program.
17:06Because with the industrial hybridization,
17:09it will increase the added value
17:11of the product.
17:13So, later,
17:15for example, oil,
17:17we usually export
17:19raw oil.
17:21Later, with the industrial hybridization,
17:24it is possible
17:26to export oil
17:28in the form of oil,
17:30such as red oil,
17:32or cocoa butter.
17:34Then, the second one,
17:36why do we have to
17:38prioritize,
17:41list the program priorities?
17:44For example, for industrial hybridization,
17:47we can
17:49give
17:51one
17:53value,
17:55increase the high export value.
17:58So,
18:00our country's deficit
18:02will be higher.
18:04Because so far,
18:06our economy is very vulnerable to global shock.
18:08Meaning, with the geopolitical conflict,
18:11this makes
18:13the oil price increase,
18:15the exchange rate
18:17of rupiah to US dollars will also continue to weaken.
18:20So, this affects our deficit.
18:22That's it.
18:24Why do we have to prioritize?
18:26That's it. So, all the priorities
18:28must be prioritized by the new government.
18:30Let's go to Mr. Sani again.
18:32Mr. Sani, what is the potential
18:34of Indonesia's economic challenges in the future
18:36from the perspective of businessmen?
18:38Our rupiah continues to be stressed at the level of Rp16,200.
18:41Then, the Bukacuan tribe,
18:43which was increased by 6.25 percent yesterday.
18:47How do you see Indonesia in the future?
18:49Will this be a challenge
18:51for the future government of Prabowo Gibran?
18:58He's muted, Mr. Sani.
19:00Hello.
19:02Yes, sorry.
19:04If it's related to the Bukacuan tribe,
19:06then the exchange rate, and so on,
19:08there is always
19:10a dynamic.
19:12But what is needed here
19:14is a good trend.
19:18Especially,
19:20of course, everyone understands
19:22that if we want
19:24to be a developed country,
19:26the people also
19:28have
19:30a better income.
19:32So, we have to get out
19:34of the middle income trap.
19:36Where,
19:38in the end,
19:40what is the target?
19:42Our economic growth is still
19:44in the range of 4.8-5.2.
19:47So, in the long run,
19:49whether we want it or not,
19:51we have to make an effort.
19:53We have to be able to reach 7-8 percent.
19:55That's the hope.
19:57If we really want
19:59our economic growth
20:01to experience an expansion.
20:04Some economic observers
20:07and business world
20:09often say that
20:11if it's around 5 percent,
20:13it's like autopilot.
20:15Autopilot?
20:17Autopilot, yes.
20:19It means that Indonesia,
20:21with all its luxury,
20:23we have the potential
20:25of natural resources,
20:27the people,
20:29and so on,
20:31we should be able to do more than that.
20:33So, I'm more inclined to that.
20:35If the things are dynamic,
20:37every time,
20:39about the course,
20:41about the flower tribe,
20:43it can be more stable.
20:45Okay.
20:47What do you think about the economic program,
20:49Prabowo-Gibran, from the business world?
20:51What's interesting?
20:53You said that we have to prioritize.
20:55Yes, of course.
20:57We have already prioritized.
20:59Indeed,
21:01with the population of
21:03around 200 million people,
21:05and so on,
21:07whether we want it or not,
21:09if we look at it from other countries,
21:11yes,
21:13we have the quality of human resources
21:15that needs to be improved.
21:17Including the human resources
21:19of our industry.
21:21So, from
21:23our workforce,
21:25which at the moment
21:27is also structurally,
21:29this is still,
21:31what is it,
21:33the graduation is still
21:35hard in the
21:37elementary, junior high school.
21:39Whether we want it or not,
21:41we have to improve
21:43the quality of human resources.
21:45And actually, we have to be consistent.
21:47Like other countries,
21:49especially Japan, Germany, Taiwan.
21:51If we look at it, they are all
21:53advanced because of their human resources.
21:55And we have to focus
21:57on what
21:59our industry
22:01excellence programs are.
22:03And the human resources are also directed
22:05towards that.
22:07So, in conclusion,
22:09this support from
22:11especially
22:13the ministries
22:15or institutions related to education
22:17cannot be taken lightly.
22:19So, the
22:21vocational school programs,
22:23and so on,
22:25this is really
22:27supportive.
22:29So, even if
22:31our society
22:33has already
22:35graduated,
22:37it's not just talking
22:39or learning about theories.
22:41But they also have to be skilled
22:43and indeed,
22:45with the ability
22:47of the existing training,
22:49until they are ready
22:51to enter
22:53the job market.
22:55What was emphasized earlier was
22:57how to strengthen Indonesia's SDM.
22:59Don't let us open the door
23:01for investment, but the workers
23:03don't come from Indonesia.
23:05Because the challenge is related to the skills
23:07of the SDM that we have.
23:09Okay, lastly, we will go to Mrs. Esther.
23:11What is your optimism
23:13related to anyone
23:15who will be in charge
23:17in the future of Prabowo Gibran
23:19to be able to bring
23:21Indonesia's economy, our gold,
23:23Indonesia's gold generation to exist?
23:27Yes, for INDEF itself,
23:29we support what
23:31will be the SDM's
23:33decision.
23:35Of course, we can only
23:37hope that
23:39when it comes,
23:41the cabinet that is arranged
23:43is a cabinet that
23:45is based on competition.
23:47Not based on
23:49sharing cookies.
23:51The second thing,
23:53later, when
23:55you are in charge,
23:57you have to
23:59list
24:01any priorities that
24:03must be carried out.
24:05Remember that we are
24:07subject to budget constraints.
24:09That's what has to be
24:11done.
24:13Be careful
24:15in managing the budget.
24:17Remember the debt
24:19ratio to the PDB is
24:21very large,
24:2338%.
24:25This creates
24:27movement from the government
24:29to be smaller.
24:31The government must be more creative
24:33to generate income
24:35not only from taxes,
24:37but maybe from other things.
24:39That's it.
24:41An interesting statement from INDEF.
24:43It's the end of our meeting and dialogue today.
24:45Mrs. Esther,
24:47thank you very much for your time
24:49and sharing that you have conveyed to the audience today.
24:51Congratulations on continuing
24:53your activities. Stay healthy.
24:55Thank you, Mr. Mirza.
24:57Stay healthy.
24:59Stay healthy.
25:01Stay healthy.
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