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 recovery𒈔 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 Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
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Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
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Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
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The facility was established in response to a growing shift in the Filipino labour force from the Middle East to Japan, where workers are seeking safer working environments.
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Real estate agency ERA Singapore estimated that there are 2,703 condo developments in Singapore today, of which 836 or 31% are at least 30 years old. In 10 years, this number is expected to climb to 1,160, assuming none is sold en bloc.
Indonesian Minister of Finance Sri Mulyani (Photo: ANTARA/VNA) 
