Executive Summary - The white paper examines Indonesia's economic confidence amid global uncertainties, including the aftermath of the COVID-19 pandemic and geopolitical events. Despite challenges in supply chains and financial conditions, Indonesia demonstrated resilience as part of ASEAN, with effective monetary policies, robust domestic demand, and strong export performance. The positive developments contributed to a hopeful outlook among Indonesian citizens, as reflected in the IRIS Confidence Index 2023.
However, the study also identifies prevailing concerns among respondents, including rising living costs and uncertainties about the world economy's future. To address these challenges, stakeholders must collaborate to develop strategies that mitigate economic hardships and prepare for unpredictable events, such as the upcoming election year of 2024 and the potential impact of climate change on the country's economic stability. By understanding these key insights, decision-makers can work towards sustaining Indonesia's positive economic trajectory and fostering confidence in the face of uncertainties.
Please download the full white paper, with both English and Bahasa Indonesian content