Jakarta – In his address at Indonesia Best 50 CEO Awards event, on Thursday (6/4), Chief of Staff to the President, Moeldoko, commended Indonesia’s solid and resilient domestic economy, shedding light on positive indicators. Amidst a gathering of prominent business leaders organized by The Iconomis media, Moeldoko expressed optimism for the country’s future prospects. Notably, the Purchasing Manager Index (PMI) remained robust at 51.2 in February 2023, while the Consumer Confidence Index (CCI) soared to an impressive 122.4. Moreover, retail sales witnessed a notable year-on-year growth of 2.60 percent.
Moeldoko’s message resonated with the audience as he stated, “Our domestic economic performance is still solid. The government is optimistic that Indonesia’s economy will grow at a rate of 5.3 percent.” The Chief of Staff delivered these encouraging words during his insightful speech at the LPP RRI Jakarta Auditorium on Thursday (6/4).
Attributing the achievements to President Joko Widodo’s astute leadership, Moeldoko emphasized the President’s ability to make bold yet calculated decisions while maintaining a cautious approach. This careful strategy has ensured the country’s continued growth and resilience even amidst global recession threats and inflationary pressures.
“President Jokowi’s adeptness has guided us through the pandemic, making Indonesia a country that continues to grow its economy despite global recession threats and inflationary pressures,” added Moeldoko.
He also highlighted two significant phenomena impacting the nation’s future economic development: diminishing globalization and rising digitalization. These paradigms have brought about disruptions, market shifts, changes in consumer behavior, and intensified business competition. Recognizing the urgency, Moeldoko stressed the need for agile strategies to navigate these challenges effectively.
Additionally, Moeldoko emphasized the accelerated pace of digital transformation across Indonesia. The government forecasts exponential growth for the country’s digital economy, projecting an eightfold increase by 2030, with a staggering value of Rp 4,531 trillion compared to today’s Rp 632 trillion.
“Moving forward, leaders must master digital leadership. A study suggests that companies with digital leadership achieve better financial performance, deeper employee engagement, and a diverse inclusive culture,” he concluded.