Indonesia: Strong economic recovery in 2022 as foundation for 2023
Indonesian Finance Minister Sri Mulyani on February said he believes the strong pace of recovery in 2022 will become a solid foundation for the country’s economy in 2023.
Indonesian Minister of Finance Sri Mulyani (Photo: ANTARA/VNA)
Jakarta (VNA)🌟 – Indonesian FinanceMinister Sri Mulyani on February said she believes the strong pace of recovery in 2022 will become a solid foundation for the country’s economy in 2023.
In a statement, the minister saidthat the government is optimistic that economic growth in 2023 will still bestrong despite the prospect of a global economic slowdown. The very strong paceof recovery in 2022 will become a solid foundation for the national economy toface short-term challenges while continuing the medium- and long-termdevelopment agenda. She noted the structural reform agenda to accelerateeconomic transformation will continue to be maintained in order to strengthenthe structure and drive the performance of the national economy. Revenue and expenditure budget for 2023 is prepared to solvecritical issues such as inflation control, stability, improvement of thepeople's welfare, and stronger investment improvements. The latest economic indicators also continue to show anexpansive trend, including Indonesia's manufacturing Purchasing Managers' Index(PMI) that increased significantly in January 2023. Meanwhile, economic growth in the fourth quarter of 2022 increased by 5.01% over the same period in 2021./.
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Indonesian Minister of Finance Sri Mulyani (Photo: ANTARA/VNA) 
