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Thursday, 30 July 2020 09:04

Bappenas: Government Agrees to Accelerate Economic Recovery and Social Reform in 2021

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Deputy Minister for Economic Affairs of the Ministry of National Development Planning / National Development Planning Agency (PPN / Bappenas) Bambang Prijambodo at Webinar Road to IDF 2021 Deputy Minister for Economic Affairs of the Ministry of National Development Planning / National Development Planning Agency (PPN / Bappenas) Bambang Prijambodo at Webinar Road to IDF 2021 Screen shot Webinar Road to IDF 2021

Jakarta (VOI News) - The Indonesian Ministry of National Development Planning / National Development Planning Agency (PPN / Bappenas) held a Webinar Road to Indonesia Development Forum 2021 themed "Prospects of Economic Recovery through Industrial Revitalization", in Jakarta, Wednesday (29/7). This webinar is one of a series of events ahead of the Indonesia Development Forum (IDF) 2021, an annual event as a forum in which development actors in the public, private, and non-profit sectors can exchange ideas, and innovations that can be useful as a foundation in developing the national development policies. Deputy Minister for Economic Affairs of the Ministry, Bambang Prijambodo said in his presentation that the Indonesian government in 2021 has agreed to accelerate the economic recovery and social reform.

 

"In 2021 the government has agreed to, desires and will try to accelerate the economic recovery and at the same time the social reform. This social reform will cover the health system, education system, disaster resilience and others. And the economic reform or the economic recovery will cover 3 things in the short term. The first is industry, the second is investment and the third is tourism. These are the 3 motors that we will move, they will be important concerns in the acceleration of recovery in 2021," said Bambang Prijambodo.

Bambang Prijambodo added that for tourism, the Indonesian government will restore the acceleration of development in 5 priority destinations and later it will be followed by 5 other priority destinations. As for investment, Bambang Prijambodo continued, the government will make every effort to move investment as an economic motor which has slowed slightly in the second quarter of 2020. According to him, the government will encourage more job creation especially by capturing investment relocation or industrial relocation from developed countries to Indonesia. By doing so, Bambang Prijambodo hoped the economic growth can grow larger or equal to the Gross Domestic Product (GDP) of 4.5 to 5.5 percent and the industry will grow 4.7 percent. (VOI / AHM)

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