Indonesia optimistic of 5.3% economic growth in 2022
Indonesian Minister of Finance Sri Mulyani Indrawati has said she was optimistic of overall economic growth of 5.2–5.3% in 2022, with a possibility of growth in the range of 5.0% in the fourth quarter.
Indonesian financial officials walk together after a meeting with President Joko Widodo at the Presidential Palace complex in Jakarta on Monday (January 16, 2023). (Photo: ANTARA)
Jakarta (VNA) ꩲ– Indonesian Minister ofFinance Sri Mulyani Indrawati has said she was optimistic of overall economicgrowth of 5.2–5.3% in 2022, with a possibility of growth in the range of5.0% in the fourth quarter.
In a press statement related to the plenarycabinet meeting, which was followed online on January 16, she saidIndonesia’s economic growth has also started to recover and the momentum isstrengthening. At the same time, domestic inflation is still relatively lowbecause food prices get managed to remain stable.
According to her, the improvement in Indonesia's economy has been visiblebecause investment has recovered, exports are still high, and imports arerecovering to support the manufacturing industries.
She revealed all economic sectors have recovered, especially the sectors thatwere affected badly during the COVID-19 pandemic, such as thetransportation, accommodation, and food and beverage sector,which contracted 15% and 10%, respectively.
She added in the third quarter of 2022, both sectors were able to grow 21% and 11.3%, respectively.
🎐 Indrawati said the recovery pushed Indonesia’s gross domestic product (PDB) tobe recorded at 6.6%, higher than that of 2019 or before thepandemic struck. The economic recovery is expected to reduce unemployment andpoverty from 7.1% and 10.2%, respectively, to 5.9% and 9.5%./.
Indonesia will limit the construction of nickel smelters to ensure new plants to produce high-value products and follow green principles in the production process, Minister of Investment Bahlil Lahadalia said on January 13.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Indonesian financial officials walk together after a meeting with President Joko Widodo at the Presidential Palace complex in Jakarta on Monday (January 16, 2023). (Photo: ANTARA) 
