Tugas Berat Pak Prabowo Hadapi Segudang Tantangan Ekonomi

Summary

In her latest video, Luna discusses the economic challenges that Indonesia will face under President Prabowo Subianto's leadership, which began on October 20, 2024. Key issues include increasing formal job absorption amidst rising unemployment, attracting foreign investment as competition from neighboring countries grows, completing unfinished infrastructure projects, managing national debt, and implementing a free nutritious meal program for millions. With limited resources and pressing demands, the new administration has significant hurdles to overcome to ensure economic stability and growth in the coming years.

Takeaways

• 😀 Indonesia will start a new chapter under President Prabowo Subianto from October 20, 2024.
• 😀 A major challenge for the new administration will be improving formal employment absorption in Indonesia.
• 😀 The rate of formal job absorption has declined significantly over the past decade, from 15.6 million in 2009-2014 to only 2 million from 2019-2024.
• 😀 Millions of new job seekers are forced into informal work, resulting in unstable incomes and reduced purchasing power.
• 😀 Key strategies to increase job absorption include industrial expansion (downstreaming) and easing business regulations.
• 😀 Indonesia lags behind neighboring countries in investment attraction, with major companies preferring locations like Vietnam and Malaysia.
• 😀 President Prabowo inherits 43 unfinished strategic national projects from the previous administration, including significant infrastructure developments.
• 😀 The construction of the new capital, Nusantara, presents a massive financial challenge, requiring around 466 trillion IDR, with only limited budget availability.
• 😀 Indonesia's national debt currently stands at 8.5 trillion IDR, with rising interest rates posing additional challenges.
• 😀 A government program for free nutritious meals for students and pregnant women faces logistical and budgetary hurdles, requiring effective implementation to succeed.

Q & A

What is the main focus of the video?

The video discusses the economic challenges that Indonesia will face under the new presidency of Prabowo Subianto starting October 20, 2024.

What is the first major economic challenge mentioned?

The first challenge is increasing the absorption of the workforce, as the number of job seekers is growing while the absorption rate in the formal sector is declining.

How has the absorption rate of formal sector jobs changed over the years?

From 2009 to 2014, job absorption was 15.6 million; from 2014 to 2019, it dropped to 8.5 million; and from 2019 to 2024, it plummeted to just 2 million.

What are some suggested solutions to improve job absorption?

Solutions include industrial expansion (or downstream processing), simplifying business permits, providing easier access to capital, and offering tax incentives for labor-intensive industries.

What major projects from the previous administration remain unfinished?

There are 43 strategic national projects that remain incomplete, including toll roads, dams, and the mega project of the new capital city, Nusantara (IKN).

What are the estimated costs for the development of IKN?

The estimated total cost for the development of IKN is around 466 trillion IDR, with various funding sources including the state budget and public-private partnerships.

What financial issues does the government face regarding national debt?

As of March 2024, Indonesia's national debt is approximately 8,500 trillion IDR, with rising interest rates on debt being a significant concern.

What is the budget allocated for the free nutritious meal program in 2025?

The budget allocated for the program is 71 trillion IDR, intended to provide meals to 82.9 million individuals, including students and pregnant women.

How does the budget per meal compare to nutritional needs?

With a budget of 3,281 IDR per meal, there are concerns about whether this amount can provide adequate nutrition.

What potential benefits could the free meal program have?

If executed effectively, the program could improve health and nutrition, support local farmers, and boost the rural economy.