Indonesia’s Prabowo pitches stability at Davos amid rising global tensions
Prabowo says Indonesia aims to stamp out corruption and ‘greedanomics’, and calls for trade integration to help boost global prosperity
Speaking during a special address at the World Economic Forum (WEF) in Davos on Thursday, Prabowo argued that trade integration, if conducted fairly, should not be seen as a threat to sovereignty but as a tool for shared prosperity.
“The IMF [International Monetary Fund] recently described Indonesia as a global bright spot with strong economic growth amid a challenging external environment,” he said.
Prabowo pointed to inflation around 2 per cent and a budget deficit kept below 3 per cent of gross domestic product, saying the country’s resilience reflected policy discipline and credibility built over time.
Describing the world as being in a period of global uncertainty, when trust between nations, institutions and people was fragile, Prabowo said Indonesia’s policies “have been and will always be well calibrated”.