PARADOKS: Rakyat Terpojok Dampak IHSG & Rupiah Jeblok! [Selamat Pagi Indonesia]

Summary

The video discusses Indonesia's challenging economic conditions, highlighting indicators such as a significant drop in the stock market and the weakening of the rupiah. Despite these struggles, some government officials showcase luxurious lifestyles, sparking public criticism. The video touches on rising unemployment, the growing wealth gap, and the impact of global economic tensions. It emphasizes corruption scandals that worsen the situation, with large sums of money lost. In light of this, citizens are increasingly investing in gold as a 'safe haven.' The segment calls for better governance and negotiations to stabilize the economy.

Takeaways

• 😀 The Indonesian economy is facing a downturn, with indicators like the Jakarta Stock Exchange (IDX) showing a significant decline, including a 9.12% drop on April 8, 2025.
• 😀 Despite the economic struggles, some government officials continue to display lavish lifestyles, creating a paradox between their actions and the struggles faced by the general public.
• 😀 Global economic growth is projected to be only 2.7%, with the ongoing trade war between China and the United States contributing to the uncertainty.
• 😀 Indonesia’s predicted economic growth is also lackluster, estimated at 4.8% to 5%, which is far below the government’s optimistic target of 8%.
• 😀 The government’s 2025 state budget sets national revenues at IDR 3,000 trillion, but the expenditure is projected at IDR 3,621 trillion, resulting in a deficit of 2.53% of GDP or IDR 616 trillion.
• 😀 The depreciation of the Indonesian rupiah continues, reaching IDR 17,261 per USD in April 2025, leading to a decrease in people's purchasing power, especially for basic necessities.
• 😀 There has been a noticeable decline in the Indonesian Stock Exchange (IHSG) by 9.12% in April 2025, triggering a trading halt, which has caused hesitation among investors.
• 😀 Many government officials are holding multiple positions, such as becoming commissioners in state-owned companies, raising concerns over potential conflicts of interest during a time of economic hardship.
• 😀 The number of layoffs (PHK) is increasing, with 18,610 workers affected by unemployment in 2025, particularly in regions like Central Java, Riau, and Jakarta.
• 😀 There is a rise in demand for gold investment, as many Indonesians see it as a safe haven amid economic uncertainty. However, this trend raises questions about whether people have the means to invest or are simply seeking security during tough times.
• 😀 Corruption remains rampant, with significant losses to the state from scandals like the mismanagement of Pertamina, fake loans, and bribery, leading to the misallocation of funds that could have supported the impoverished population.

Q & A

What happened to the Indonesian Stock Exchange (IHSG) on April 8, 2025?

On April 8, 2025, the IHSG dropped by 9.12%, marking a significant decline in the stock market after the post-Lebaran holiday trading.

What is the global economic growth forecast for 2025?

Global economic growth is expected to be only 2.7% in 2025, according to the World Bank, indicating a slow recovery in the global economy.

What is the Indonesian government's economic growth target for 2025, and how does it compare to current forecasts?

The Indonesian government targets an 8% growth rate for 2025, but current forecasts predict growth of only 4.8% to 5%, suggesting a much slower economic performance.

What is the budget deficit for Indonesia in 2025?

The budget deficit for Indonesia in 2025 is projected at 2.53% of GDP, equivalent to Rp616 trillion.

How has the value of the Indonesian Rupiah changed recently?

The Indonesian Rupiah has significantly weakened, reaching 17,261 per U.S. Dollar on April 7, 2025, causing a decrease in people's purchasing power.

What impact has the weakening Rupiah had on the Indonesian population?

The weakening Rupiah has led to decreased purchasing power for the general public, making it harder for people to afford basic goods, contributing to a decline in retail sales.

What is the paradox highlighted in the script regarding government officials?

Despite the economic difficulties faced by the general population, some government officials continue to display lavish lifestyles, such as flying in private jets, which has caused public discontent.

What has been the impact of layoffs in Indonesia in 2025?

In 2025, there were significant layoffs, with over 18,600 workers losing their jobs. Areas like Central Java, Riau, and Jakarta saw the highest numbers of layoffs.

Why are people increasingly purchasing gold in Indonesia?

People are turning to gold as a 'safe haven' investment in response to economic uncertainty and the weakening Rupiah, as it is perceived as a stable asset in times of financial instability.

How does the high level of corruption in Indonesia impact the economy?

The high level of corruption in Indonesia, with cases of embezzlement and financial mismanagement, further strains the economy by diverting resources that could have been used for public welfare and economic development.