Jakarta, INTI - With the conclusion of the term for the Advanced Indonesia Cabinet, the leadership mantle has now been passed to the Red and White Cabinet under the leadership of President Prabowo Subianto. One of the earliest strategic decisions by President Prabowo was to reappoint Airlangga Hartarto as the Coordinating Minister for Economic Affairs. This decision is a nod to Airlangga’s impressive track record in navigating Indonesia's economy through the global economic uncertainties of recent years.
Airlangga's Official Appointment as Coordinating Minister for Economic Affairs
President Prabowo’s decision was made official through Presidential Decree No. 133/P of 2024 concerning the Formation of State Ministries and the Appointment of State Ministers for the 2024-2029 period. On Monday, October 21st, Airlangga Hartarto was formally sworn in at the Presidential Palace in Jakarta to continue his role for another five years. The inauguration ceremony was smooth and witnessed by several key figures, marking the beginning of a new chapter in Indonesia’s economic leadership.
During the post-inauguration press conference, Airlangga expressed his gratitude to President Prabowo for the continued trust placed in him. "Alhamdulillah, I will carry out this mandate to the best of my ability," said Airlangga to the media gathered at the Palace. His remarks highlighted his commitment to maintaining the stability of Indonesia’s economy amid global challenges.
Long-term Economic Strategies Under the Red and White Cabinet
Airlangga outlined that detailed discussions regarding economic strategies, particularly in terms of fiscal policies, would soon take place. His primary focus is to ensure that consumer purchasing power remains stable, even as the global economy faces potential headwinds. In this new administration, the government aims to implement long-term economic measures that emphasize sustained growth, job creation, and poverty reduction. The emphasis will be on strengthening the middle class to ensure a more resilient economy.
Additionally, Airlangga underscored that his leadership will prioritize maintaining the positive economic trajectory that Indonesia has managed to achieve. This includes creating a conducive environment for investment and fostering innovation in various industries. Given the geopolitical and economic uncertainties, Airlangga's challenge will be to ensure that Indonesia remains a reliable player in the global market.
Warm Reception at the Ministry for Economic Affairs
After the inauguration at the Presidential Palace, Airlangga returned to the Ministry for Economic Affairs, where he received a warm welcome from all officials and staff members. During an internal meeting with the Ministry’s leadership, Airlangga pointed out the structural changes in the Ministry under the new Red and White Cabinet. Several ministries that were previously under the purview of the Ministry for Economic Affairs are no longer within its scope. However, new responsibilities have been added, including investment, energy, natural resources, and tourism.
The expansion of the Ministry's mandate indicates the importance the administration places on economic diversification and sustainable development. Airlangga emphasized that with these added responsibilities, the challenges and expectations are greater than ever before. His goal is to create an effective synergy among all related sectors to drive economic prosperity.
Economic Goals for the Next Five Years
In line with President Prabowo's goals, Airlangga’s mission is to accelerate economic growth, create more job opportunities, and reduce poverty levels. This includes fine-tuning subsidy programs, expanding the renewable energy sector, and enhancing international economic cooperation. Airlangga highlighted the importance of sustainable development as a key focus of his leadership, ensuring that economic gains translate into improved living standards for all Indonesians.
In closing, Airlangga reassured his Ministry’s staff of his commitment to providing optimal results. "Let’s continue the excellent work and thank you for your contributions so far," he said, emphasizing teamwork and dedication in the Ministry's new era.
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