Several Indonesian government officials stated today, Friday, that their nation’s G20 leadership directly helped to boosting the economy, increasing the GNP, and helping the majority of sectors.
According to Sosagono Mijarsu, secretary of the ministry of coordination for economic affairs, more than 33 thousand people will have jobs thanks to Indonesia’s presidency of the Group of Twenty in 2022, particularly in the transportation, housing, conference, and exhibition sectors, in addition to the small, small, and medium-sized projects sectors.
He noted that the actual economic benefits (for the main and ancillary events of the 2022 group) can be 1. compared to yearly meetings in 2018. 5 to two or more times.
He went on to say that the implementation of 15 ministerial meetings in the Bal province from August to September 2022, which increased transportation by more than 70%, resulted in significant economic gains.
He pointed out that the G20 summit is expected to contribute about 7.
4 trillion rupee in the gross domestic product, including an increase in local consumption of up to 1. 7 trillion rupee, taking into account that 438 events for the Group of Twenty have been held in 25 Indonesian cities since 1 December 2021.
The Group of Twenty, according to experts in the utilisation of maritime resources at the Ministry of Coordination for Human Development and Culture, had a direct impact on society, increasing overseas travel by 1. 8-3.
6 million in addition to 600,000 to 700,000 new jobs.
The rate of employment climbed in the residential sector, particularly in terms of reported increases compared to the situation the previous year, and the absorption of employment in the tourism industry also reached nearly 80%.
The authorities emphasised the necessity of keeping an eye on and enhancing the economic recovery, particularly after Indonesia’s presidency of the Group of Twenty concludes in 2022 due to the potential for global inflation in addition to the food and energy crises.
The Group of Twenty’s 17th summit is slated to take place in Indonesia during the month of November. After that, India will host the group for a full year beginning in December, and as a result, India will host the Group of Twenty’s 18th summit in New Delhi the following year.
Indonesia: The Group of Twenty leadership helps to improve domestic goods and assist local industries.
About Author
