(Feb News) Monday, October 2, 2023, Faculty of Economics and Business, Universitas Airlangga (FEB Unair) held a Public Lecture with speakers, Dr. H. Soekarwo, SH, M.Hum. - Members of the Advisory Council of the President of the Republic of Indonesia, which discusses "how strong economic growth is the key to economic resilience and revival towards advanced Indonesia", before S2 and S3 students, which is not only from the S2 and S3 Study Program in FEB UNAIR, but also from the PSDM Study Program in Postgraduate Schools in Postgraduate Schools.
The public lecture was held in the Tirtodiningrat Hall, 2nd floor of FEB Airlangga University. In the lecture, Pakde Karwo explained about strengthening economic resilience and revival, towards advanced Indonesia, in accordance with the purpose of realizing a prosperous & sovereign state as Article 33 (National Economy) and Article 34 (Social Welfare), it is important to realize economic resilience in line with economic growth.
Economic growth in terms of supply increased and this has an impact on the growth of the processing industry, trade growth, transportation & warehousing sectors and the accommodation & eating sector.
While in terms of demand, the domestic economy 2022-2023 experienced a trend of improvement, although faced with various challenges: high inflation, rupiah depreciation, and interest rates trends.
The decline in trade growth (export-import) in 2023, because it was influenced by the geopolitical dynamics of the impact of Russian and Ukraine conflict.
On the other hand the limited fiscal capacity of the government makes the stimulus function must be optimal. In this case to achieve economic growth it is necessary to calculate investment needs assuming: economic growth of 5.3% and ICOR 6.8.
Investment sources are needed to encourage economic growth in 2023: PMA, PMDN, Non-Fas PMDN; Banking Credit; Government spending; Trade surplus.
Investment will not be optimal if it is not supported by HR. Indonesia has entered the demographic bonus phase with the majority of the productive age population so that there are some that need to be done so that demographics do not become disaster, including: Increasing the competitiveness of human resources; Strengthen the upstream-down industry; and inclusive financing access.
Pakde Karwo's discussion is certainly very inspiring for S2 and S3 students who are writing a thesis and dissertation, so that there are many critical questions they convey, in order to get an explanation from him.
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