Anindya Bakrie Urges Focus on Domestic Economy Amid Global Uncertainty
- VIVA.co.id/Mohammad Yudha Prasetya
Jakarta, VIVA – The Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Bakrie, emphasized that the government must focus on strengthening the domestic economy amid the current global economic uncertainty and the intensifying trade wars.
Although domestic consumption is considered relatively resilient — accounting for around 55 up to 60 percent of the national economy — Anindya urged the government to continue developing this sector during these challenging times.
"Domestic consumption must be further developed, because while the impact of trade wars might seem limited at 9–10 percent, there are about 2.1 million workers at risk if the situation worsens, and that is a significant number," Bakrie said on Tuesday (Apr 22).
He acknowledged that this risk is considerable. To maintain annual economic growth of 5–6 percent, Indonesia needs to create jobs for 2–3 million people each year.
"So if 2 million workers are affected, that's a serious issue. That's why we must boost domestic consumption and the domestic economy," he added.
Ketua Umum Kamar Dagang dan Industri (Kadin) Indonesia, Anindya Bakrie
- VIVA.co.id/Anisa Aulia
Bakrie stressed that Kadin Indonesia is committed to supporting government programs aimed at sustaining national economic growth and stability.
This includes several priority programs, such as Free Nutritious Meals (MBG), Free Health Checkups (PKG), the Affordable and Livable Housing Program (3 Million Houses), and initiatives for migrant workers.
Specifically regarding migrant workers, he expressed hope that the skills and capabilities of Indonesian migrant workers will continue to improve so they can contribute more significantly to the country’s foreign exchange earnings.
"Our migrant workers total around 5 million and generate about IDR 250 trillion in foreign exchange, but most of them work as domestic workers. Imagine if we could also meet the growing demand abroad for upskilled workers — it would greatly boost our foreign exchange earnings," Bakrie remarked.
"Once again, we must focus on maintaining and even developing our domestic economy," he concluded.