Indonesia’s economy grew by 5.12 per cent, marking one of the highest growth rates among G20 and ASEAN member countries, according to Coordinating Minister for Economic Affairs, Airlangga Hartarto.
The announcement followed a Plenary Cabinet Meeting led by country’s President Prabowo Subianto at the Presidential Palace in Jakarta.
“The President discussed economic development during the meeting, with a growth of 5.12 per cent, as the highest among G20 and ASEAN countries,” the Minister remarked.
The Minister noted that the growth is reflected in improved employment conditions, with 97.73 percent of the workforce absorbed – equivalent to 3.59 million people as of February 2025, reports Antara News.
Looking ahead to the second half of 2025, the government plans to stimulate household consumption and purchasing power. Strategic programmes have been launched to attract investment and boost exports, particularly through industrial zones and improved access to credit.
African Times published this article in partnership with International Media Network TV BRICS
