Man: I'm optimistic we can be great! The land is full of gold, nickel, copper, the seas are full of fish!
Kid: But there's lots of unemployed! Corruptors are getting greedier and know no shame!!!
Woman: Respected Bapak Timun (Mr Cucumber) the shopping money is only enough for half-a-month!!! (Sign reads "Economical Menu")
President Prabowo Subianto has insisted that Indonesia's economy is on the right track and that the government is achieving its goals, claiming that according to experts Indonesia's economic growth in the first half of 2025 was over 5 percent.
"It could even reach 7 percent by the end of this year or even higher", said Prabowo in presenting Indonesia's economic achievements and prospects in a speech at the plenary session of the St. Petersburg International Economic Forum (SPIEF) in Russia on Friday June 20.
Prabowo did not disclose what factors are driving this alleged economic growth but stressed that the achievement reflects the success of the government's economic policy direction. "This shows that we have chosen the right path and are reaching our goals", the President was quoted as saying by Tempo.
At the forum attended by global and business leaders, Prabowo presented the Indonesian government's four priority programs: food self-sufficiency, energy self-sufficiency, improving the quality of education and accelerating industrialisation.
Prabowo also used the opportunity to promote the recently established Danantara sovereign wealth fund, which is facing major challenges in winning investor trust given its given its top executives are either ministers or political figures.
Meanwhile the National Statistics Agency (BPS) announced on Monday that Indonesia's economic growth in the first quarter of 2025 was a disappointing 4.87 percent, down from 5.04 percent in the previous quarter.
Indonesia's GDP growth target in the 2025 state budget is set at 5.3 percent. The government is aiming for economic growth in the range of 5.2 percent to 5.8 percent in 2026, with a long-term target of reaching 8 percent expansion by 2029.
