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Achieving the 2045 Goals

In his inaugural address at the People’s Consultative Assembly (MPR) on 20 Oct. 2019, President Jokowi laid out the economic development goals for 2045.

By
LANA SOELISTIANINGSIH
· 6 minutes read
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KOMPAS/WAWAN H PRABOWO

President Joko Widodo delivers his speech after being sworn in the General Session of the People’s Consultative Assembly (MPR) at the Senayan Legislative Complex, Jakarta, Sunday (20/10/2019). On that occasion, President Joko Widodo disclosed a number of priority programs such as human resource development, continuation of infrastructure projects, arrangement of regulations and bureaucratic governance, and economic transformation.

The President has set three achievement indicators: 1) per capita income of Rp 320 million per year; 2) nominal gross domestic product (GDP) of US$7 trillion, equivalent to Rp 98,000 trillion (assuming an exchange rate baseline of Rp 14,000 per US dollar; and 3) near-zero poverty rate.

To achieve these goals, the President is to start delivering on five pillars in 2020: 1) develop the quality of human resources (HR); 2) continue infrastructure development; 3) trim regulations and draft overarching laws, i.e. the employment law and the small and medium enterprises law (UMKM); 4) simplify bureaucracy; and 5) economic transformation.

Editor:
Syahnan Rangkuti
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