Jakarta, August 1, 2025 – The Europe Today: President Prabowo Subianto has instructed the National Economic Council (DEN) to formulate and implement concrete measures aimed at safeguarding Indonesia’s economic resilience and accelerating growth, amid rising global uncertainty. The directive was confirmed by Cabinet Secretary Teddy Indra Wijaya on Thursday.
The President delivered his directive during a strategic meeting with DEN Chairperson Luhut Binsar Pandjaitan and other council members held earlier the same day in Bogor, West Java.
“The President gave a direction that amid global economic uncertainty, we must stay alert and prepare concrete steps to maintain resilience and accelerate national economic growth,” Wijaya said in a statement to the media.
During the meeting, DEN briefed the President on the global economic landscape, characterizing it as increasingly volatile and unpredictable. The council emphasized the importance of preparedness and vigilance in anticipating and mitigating potential risks that may impact Indonesia’s economic performance.
According to Wijaya, DEN highlighted Indonesia’s relatively strong economic fundamentals, projecting national growth to outpace that of many other countries. The council attributed this optimistic outlook to effective policy frameworks and sound macroeconomic management.
The council also identified Indonesia’s recent trade achievements, particularly with the United States, as a strategic opportunity to strengthen export performance and boost investment. These developments, DEN noted, are especially significant for labor-intensive sectors that play a crucial role in job creation and inclusive development.
Deregulation, both at the central and regional levels, was another key topic addressed during the meeting. “Deregulation will serve as a catalyst to accelerate economic growth that is inclusive and sustainable,” Wijaya affirmed.
President Prabowo’s administration has emphasized economic transformation and resilience as key priorities, with ongoing efforts to enhance competitiveness, attract foreign investment, and reduce regulatory burdens across all sectors.
The National Economic Council is expected to submit a detailed action plan outlining specific steps aligned with the President’s directives in the coming weeks.