economists say funding in Indonesia will growth

Deputy Director of the Institute for Development of Economics and Finance (Indef) Eko Listiyanto said that the President-elect in the 2024 Presidential Election, Prabowo Subianto, has the advantage of his global and strategic way of thinking, which he believes can have an impact on the investment climate in Indonesia.

Eko said that these advantages were attractive and made investors not hesitate to invest in Indonesia, even in the midst of a sluggish global economic situation.

He continued, in the future if Prabowo is officially inaugurated as president along with his deputy Gibran Rakabuming, they are believed to be able to easily convince global investors with strategic ideas for developing Indonesia moving forward which will be conveyed through international forums.

Eko said that Prabowo’s leadership in the future would make investment in Indonesia successful.

“Prabowo often participates in international forums, it’s easy, for example, if he wants to convey Indonesia’s strategic matters to the international world,” he said in Jakarta, Sunday (24/3/24) as reported on the ANTARA page.

“Under the leadership of presidential candidate and vice president-elect Prabowo Subianto, investment in Indonesia will become increasingly successful,” he added.

In fact, he said, Prabowo often appeared in international forums, often conveying strategic ideas, especially if they could be articulated directly. Prabowo’s foreign language skills are excellent, giving investors confidence.

Eko suggested that in order to increase investment entering Indonesia rapidly, the Prabowo-Gibran government must also reduce Indonesia’s Incremental Capital Output Ratio (ICOR) index below Indonesia’s current economic growth rate of 5 percent.

“Of course Pak Prabowo’s efforts so that investment continues to flow even more rapidly if our ICOR has to be further reduced, this figure is already 6.7 percent which is very high, it must be returned by at least 4 percent, don’t let this be higher than the ICOR economic growth,” he said. .

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