Indonesia’s G20 presidency boosts global investor confidence: Hartarto

Jakarta (ANTARA) – Coordinating Minister for Economic Affairs Airlangga Hartarto has said Indonesia’s G20 presidency helps boost global investor confidence and accelerate the national economic recovery.
“Economically, this will boost the confidence of global investors, accelerate the national economic recovery,” Hartarto said in a statement here on Sunday.
During the presidency, Indonesia is expected to enjoy domestic consumption surge by Rp1.7 trillion, GDP increase by Rp7.47 trillion, and involvement of some 33 thousand workers in various industrial sectors.
In addition to providing benefits for national economic recovery, Airlangga Hartarto also said that as the G20 President, Indonesia has an important role in bridging the diversity that exists in the G20 Forum.
Indonesia, which has a philosophy of deliberation and consensus, is expected to be able to bridge between various groups of countries, according to the minister.
“Indonesia and the world community are waiting for the Indonesian G20 Presidency to foresight, inclusive policies and take concrete steps beyond political narratives,” he stated.
President Joko Widodo hoped to see the G20 as a platform for economic cooperation in three sectors, namely global health architecture, economic transformation through digitalization, and the transition to sustainable energy, he noted.
“We feel the benefits of digital technology in various sectors and of course we will continue to encourage sectors that can become new growth engines as the value of the digital economy itself,” he said.
He expected input from all stakeholders, including experts and academics, to maximize the benefits of Indonesia’s G20 Presidency, so that Indonesia is able to make new breakthroughs, including in the energy transition sector for all countries by promoting the adoption of affordable technology, co-financing mechanisms, and sustainable energy transition priorities.
“In this efforts, we will involve the participation of scientists and academics who are members of Think 20 and Science 20 and expected to contribute to the three fields, especially the energy transition,” he said.