LIVE EVENT - Pidato Presiden RI atas RAPBN 2025 Beserta Nota Keuangan [FULL]

Summary

The President of Indonesia delivers a speech outlining the government's financial plan for the 2025 fiscal year. The speech highlights the nation's resilience in facing challenges such as the COVID-19 pandemic, global political tensions, and climate change, while achieving stable economic growth. The proposed budget focuses on sustainable development, boosting human resources, infrastructure, and social welfare programs. It emphasizes the importance of fiscal responsibility, investment in education and health, and poverty reduction. The President also calls for continued reforms, economic transformation, and stronger cooperation between government institutions to achieve Indonesia's vision for a prosperous future.

Takeaways

• 😀 The President of Indonesia presents the government's explanation on the 2025 State Budget and its supporting documents.
• 😀 Despite global challenges like the COVID-19 pandemic and political instability, Indonesia's economy has remained stable and even grown steadily, outperforming the global average.
• 😀 Indonesia's economic growth is expected to be around 5.2% in 2025, with domestic demand as the main driver due to global stagnation.
• 😀 The government aims to continue reducing poverty, with the poverty rate dropping to 9.03% in 2024, and extreme poverty reduced to 0.83%.
• 😀 There has been significant progress in infrastructure development in Indonesia, including roads, dams, irrigation, ports, airports, and the development of the new capital (IKN).
• 😀 Efforts are being made to improve human resources through education reform, health system transformation, and social safety nets like scholarships and health insurance for millions of Indonesians.
• 😀 The government's fiscal policy for 2025 focuses on maintaining economic growth, controlling inflation, ensuring job creation, and supporting domestic demand.
• 😀 The 2025 State Budget emphasizes inclusive and sustainable economic growth, with investments in human capital, infrastructure, and social welfare programs.
• 😀 Key allocations in the 2025 State Budget include significant funding for education, social protection, healthcare, food security, and infrastructure projects.
• 😀 The government plans to maintain low debt levels and optimize revenue collection, focusing on tax reforms and improving fiscal management for long-term sustainability.

Q & A

What challenges did Indonesia face in the last 10 years as mentioned by the President?

Indonesia faced multiple challenges including the COVID-19 pandemic, global political instability, trade wars, various crises, and climate change, which led to numerous natural disasters.

How did Indonesia's economy perform despite these challenges?

Indonesia's economy remained stable and even grew sustainably, with a consistent growth rate of around 5%, higher than the global average of 3.4%. Additionally, unemployment decreased, and poverty levels significantly reduced.

What was the unemployment rate and poverty rate in Indonesia by 2024?

By 2024, Indonesia's unemployment rate stood at 4.8%, while the poverty rate dropped to 9.03%, with extreme poverty falling to 0.83%.

How did Indonesia's export performance change over the past few years?

Indonesia's export value increased by more than 70%, reaching $250 billion in 2023. This was part of a broader trend of strengthening Indonesia's trade balance, which recorded surpluses for 51 consecutive months.

What key sectors have seen development in Indonesia's infrastructure?

Key sectors of infrastructure development included roads, national highways, dams, irrigation systems, ports, airports, and the development of the new capital city (IKN).

What improvements have been made in Indonesia’s education and health sectors?

In education, Indonesia expanded programs like Indonesia Pintar, benefiting around 20 million students annually, and provided scholarships for 1.5 million university students. In health, the infant mortality rate decreased, the stunting rate reduced from 37% to 21.5%, and the number of National Health Insurance (JKN) participants increased to 273 million.

What is the primary focus of the 2025 National Budget (RAPBN) in Indonesia?

The 2025 RAPBN focuses on strengthening Indonesia's economic transformation, improving domestic demand, creating jobs, and fostering high-value exports. It aims for fiscal discipline while continuing support for social programs and infrastructure.

How does the Indonesian government plan to manage inflation and economic growth in 2025?

Inflation is targeted to remain at around 2.5%, with economic growth expected to be 5.2%. The government plans to maintain economic stability by focusing on domestic demand, job creation, and social assistance programs.

What is the government’s approach towards fiscal policy and taxation for the 2025 budget?

The government aims to optimize tax revenue, expand the tax base, and improve tax compliance while providing targeted incentives. Fiscal policies will remain focused on maintaining a sustainable and healthy financial outlook.

How much is the proposed 2025 state budget, and what are the key allocation areas?

The proposed 2025 state budget totals IDR 3,613.1 trillion, with IDR 722.6 trillion allocated for education, IDR 504.7 trillion for social protection, and IDR 7.8 trillion for healthcare. There is also significant funding for food security and infrastructure development.