Communications Minister Fahmi said the government will continue to monitor international geopolitical situations that might affect our country's economy. Currently, there are no signs that tech giants present in our country will cut their investments.
Following last year's economic growth rate exceeding the minimum target, he said that our country's political stability and national monetary policy are among the factors driving GDP growth.
He mentioned that last year's 5.1% economic growth in our country is a good momentum, reflecting that the national economy will continue to develop.
He said this during a routine press conference after the Cabinet meeting on Friday (14th).
“There are currently no signs that investment in the tech industry or by large tech companies will decrease.”
Nevertheless, he said, the government will continue to observe possible policy changes brought about by shifts in global geopolitical landscapes, and assess their potential impact on national economic development.
“It is well-known that the current geopolitical situation still requires us to pay attention to and analyze the decisions of some countries, which are our trade partners, or have the potential to become trade partners.”