Day: June 8, 2022

The World Bank, through its report entitled Global Economic Prospect June 2022, deemed Republic of Indonesia’s (RI’s) economy as one of the strongest amid the current global risk situation, the Finance Ministry stated.

“Indonesia’s economy continues to show its resilience amid the ongoing global friction,” the Ministry’s Fiscal Policy Agency (BKF) Head Febrio Kacaribu noted here on Wednesday.

The World Bank’s conclusion is shown through its projection that Indonesia’s economy will be at the level of 5.1 percent in 2022, or only declining by 0.1 percent from the previous projection.

Within the report, the World Bank stated that Indonesia’s economy will be boosted by a rise in commodity prices.

The decline of Indonesia’s economy occurs amid the slowdown in global economic growth estimation to 2.9 percent this year due to escalations of various risks.

This figure declined by 1.2 percent from the previous projection in January as a result of global risk, specifically the war in Ukraine.

The slump in economic growth projections by the World Bank widely occurs in various countries, both developing and developed.

Europe experiences downward revisions by 1.7 percent, or from 4.2 percent to 2.5 percent. Russia is estimated to contract 8.9 percent or decline from the previous projection by 11.3 percent.

The United States and China also experience growth projection slumps with 1.2 percent and 0.8 percent each.

Meanwhile, for developing countries such as India, Mexico, and Thailand, they also experience quite significant projection declines with 1.2 percent, 1.3 percent, and one percent.

Indonesia’s economy is considered to be strong because it is estimated to only decrease by 0.1 percent from the previous prediction, as the country’s economic performance continues to improve supported by stabilizing pandemic circumstances.

The government will continue to maintain the situation to prevent pandemic spikes so that the people’s trust in carrying out economic activities can be maintained, Kacaribu noted.

One of the ways to do this is by encouraging vaccinations, which have now reached 74.2 percent of the population for the first dose and 62.1 percent for complete doses.

In addition, the state budget will continue to be directed to become an important instrument in responding to economic circumstances, including becoming a shock absorber to maintain the people’s purchasing power.

“This effort is carried out due to a potential energy, food, and financial crisis,” he explained.

Source: Antara News

The Public Works and Public Housing Ministry (PUPR) is building 10 flat towers for workers in the Batang Integrated Industrial Estate, Central Java Province.

Public Works and Public Housing Minister Basuki Hadimuljono explained in his statement here on Wednesday that the construction of the flats is to offer alternative housing for workers at the Batang Integrated Industrial Estate.

“This is clear evidence that the government is present in providing decent housing. We hope (the housing) can improve the quality of life of the beneficiaries by having a more decent, healthy, and comfortable home,” Hadimuljono said.

He added that the flats can make the workers’ mobility more efficient, thus increasing their productivity.

Some ten towers of flats, barracks type, in the Batang industrial zone are being built in an area of 5,735 sq m, to accommodate many workers, Hadimuljono said.

Meanwhile, the ministry’s Director General of Housing, Iwan Suprijanto, said he hoped that the utilization and designation of these flats will be according to the plans.

“The construction of these flats is expected to encourage the development of the (Batang) Integrated Industrial Estate in Central Java,” Suprijanto said.

Each of the flat towers is designated to have five floors that can house 257 people, he added.

The development of the workers’ accommodation is sourced from the ministry’s state budget of Rp351 billion, he added.

According to the ministry’s data recorded by the e-monitoring system on Wednesday, the progress of the construction has been following the work plan, with Package I reaching 93 percent, Package II 87 percent, and Package III 80 percent.

Furthermore, according to Director of Flats Aswin Grandiarto Sukahar, the government also provides public facilities to support the residents’ comfort, such as residential roads, clean water and sanitation networks, places of worship, and sports facilities.

Source: Antara News

Wakatobi AIS or the Safety and Tracking Technology for Small Fishermen Automatic Identification System helps improve fishermens’ safety, Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono stated in a release, here on Wednesday.

“(Wakatobi AIS ) is very good, it needs to continue to be developed so that its features and messages can further help the needs of fishermen when sailing,” Trenggono said.

Trenggono delivered the statement when visiting the Wakatobi Maritime Technology Engineering Center (LPTK) and saw firsthand the operation of technological devices there on Wednesday.

On this occasion, he handed over 10 Wakatobi AIS devices for fishermen and one unit for the Wakatobi District Government, Southeast Sulawesi.

Trenggono said he expected that the assistance can increase the productivity of Wakatobi fishermen.

“We hope that with the support of these devices and technology, fishermen’s productivity will increase, so that they will be more prosperous. This is also a positive thing in the efforts to accelerate measurable fishing,” he added.

Meanwhile, the acting head of the Maritime Research Center, Rudi Alek Wahyudin, explained that the main purpose of the Wakatobi AIS is to improve the monitoring of fishermen and increase their safety.

Wahyudin said Wakatobi AIS is expected to be a solution to the problems faced by small fishermen, such as the availability of meteorological information on fishing zones and assisting during emergencies experienced when sailing.

“With this device, it is hoped that ships can be monitored so that when an emergency occurs, help can be sent quickly,” he added.

Furthermore, the head of LPTK, Efi Noferya Manafi said, Wakatobi AIS is specially designed for Indonesian small fishermen.

Therefore, its shape, size, and energy source, which is from a battery that can be recharged after every 20 hours of use, are designed to be as simple as possible for traditional fishermen, she said.

Source: Antara News