- Lukas - Biro Pers Sekretariat Presiden
VIVA – President Joko Widodo (Jokowi) revealed that he will announce a policy on banning the export of raw bauxite minerals soon. The President also emphasized the importance of down streaming mining owned by Indonesia.
After Indonesia has down-streamed nickel, Jokowi said that Indonesia will implement a policy to ban the export of bauxite in its raw state. It aims to add value to Indonesia from its mining materials.
In a Plenary Cabinet Meeting on the Estimation of Economic Conditions in 2023, Evaluation of COVID-19 Handling, and Anticipation of Food and Energy Crises, at the State Palace, President Jokowi said that increasing investment in the country is one of the keys to maintaining economic growth of Indonesia in 2023.
Tambang bauksit PT Antam Resorces Investindo di Tanjungpinang, Kepulauan Riau
- Antara/ Henky Mohari
“This is related to increasing investment, because the key to economic growth in 2023 is related to consumption, and controlling inflation. Then, the increasing investment must be,” Joko Widodo said on Tuesday, December 6, 2022.
Joko Widodo also said that increasing investment in Indonesia is non-negotiable. Through this, Jokowi will soon decide to ban the export of raw materials from bauxite.
"It is non-negotiable because it greatly affects our growth, so we will continue to do the downstream industry consistently. This morning, we talked about, after nickel, and after that, we talked about bauxite. And, soon we will decide when we will ban the export of raw materials from bauxite," Joko Widodo stated.
Jokowi is also optimistic this policy can boost Indonesia's economy and create a large number of jobs, which in turn will reduce unemployment.
"We will announce this soon because investment also involves the job creation which is necessary at this time," President Joko Widodo remarked.
Ilustrasi kegiatan ekspor impor.
- VIVA/Muhamad Solihin
In addition, in today's plenary cabinet meeting Jokowi also talked about increasing exports. Jokowi asked the Ministry of Trade to look for export markets to other countries if countries that are major markets for Indonesian exports experience a decline in demand.
"If our major markets, both China and the US, have declining demand, the demand has dropped, the Ministry of Trade should be able to shift to other countries that have similar demand. I see that India has great potential, which we never routinely approach there," Jokowi concluded.
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