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    Jokowi: Indonesia Needs to Make New Breakthroughs in Order to Become a High-Income Country

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    Jakarta – President Joko Widodo (Jokowi) explained several efforts so that Indonesia could rise to the status of a high-income country, and get out of the trap of a middle-income country (middle income trap).

    In a virtual meeting of the Indonesian Rector Forum Conference (FRI) from the Bogor Presidential Palace on Saturday, President Jokowi revealed that many countries in the world spent decades, even nearly hundreds of years trapped in the status of middle-income countries.

    “That’s what we don’t want. The question is whether we have the opportunity to get out of the middle income trap. I answered firmly, we have a great opportunity, we have great potential,” said President Jokowi.

    On July 1, 2020, the World Bank had just upgraded Indonesia’s status to an upper-middle income country from a lower middle income country. That’s because Indonesia already has a gross national income (GNI) of 4,050 US dollars in 2019, up from 3,840 US dollars.

    GNI is the income received by the state from residents, entrepreneurs, including goods and services produced and sold abroad and foreign investment.

    Despite its status, Indonesia is still in the middle-income country level. President Jokowi reminded that Indonesia has a great opportunity to rise again to the status of a high-income country on several conditions.

    First, Indonesia must have an efficient infrastructure. Then, Indonesia also needs to have a work system that is competitive, fast, and results-oriented.

    “We have started to build this. We need to work quickly, be results-oriented, competitive. This is what we continue to strive for,” said President Jokowi.

    In addition, Indonesia also needs superior, productive, innovative and competitive Human Resources (HR).

    “This is where the university’s strategic position in developing science and technology, producing competitive young people, who are always fighting for humanity and the advancement of RI,” said President Jokowi.

    Therefore, the President emphasized that efforts to improve the quality of human resources cannot be done in normative ways. Indonesia needs new strategies and breakthroughs to jump further.

    “We must change, look for new ways, develop new strategies, smart shortcuts, which are out of the box,” President Jokowi said.

    The President invited the chancellors and stakeholders in the education sector to take advantage of the peak demographic bonus that will be enjoyed by Indonesia, by producing superior young people to develop Indonesia Forward.

    “A century of the Republic of Indonesia is near in 2045, just 25 more years, let’s create history, let’s prove that we are not stuck in the middle income trap, let’s prove it in 2045, Indonesia is able to be a high-income country for all the people of Indonesia,” he said President Jokowi. (Ant)

    English by Tokoh.ID System

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