BI Governor Perry Warjiyo said Indonesia's growth was projected to remain strong in a range of 4.5-5.3 percent in 2023 and to increase to 4.7-5.5 percent in 2024.

We must not let our guard down or feel complacent. The government, together with the monetary authorities, need to prepare a contingency plan if the threat of global uncertainty hits Indonesia.

What is going on in the global economy, and how can Indonesia prosper in such a difficult environment?

The Indonesian government has done a great job during the COVID-19 pandemic. This can be seen from the statistics on the declining poverty rate.

Having gone down to the lowest point in the second quarter of 2020 with a contraction of up to minus 5.32 percent, economic performance began to lift up in the following three quarters.