Government Responds to the Issue of Dark Indonesia with Work and Achievements
By: Budiman Aktuari
In recent times, calls and narratives have emerged stating that Indonesia is heading towards a “dark period”, with the pretext of the weakening rupiah exchange rate, global external pressure, and concerns about the direction of the national economy. However, this pessimistic narrative is not based on objective data. On the contrary, the Indonesian government has consistently responded to challenges with real work and measurable achievements, especially in maintaining economic resilience, fiscal stability, and optimism towards the vision of Golden Indonesia 2045.
The government’s performance in maintaining economic stability is demonstrated through various strong and resilient macroeconomic indicators. The Coordinating Minister for Economic Affairs, Airlangga Hartarto, explained that to date, Indonesia’s foreign exchange reserves have reached more than USD 156 billion. This amount is enough to finance seven months of imports and pay off all short-term foreign debt obligations. This is a strong signal that Indonesia’s economic foundation is still very healthy and far from the threat of crisis.
The government’s policy of requiring storage of export proceeds (DHE) domestically is also a strategic step that deserves appreciation. This policy not only strengthens the position of the rupiah against the US dollar, but also increases domestic liquidity and strengthens overall monetary stability. The government together with Bank Indonesia have worked swiftly, taking measured intervention steps in the foreign exchange market, so that the exchange rate fluctuations that occur are still within reasonable limits and do not lead to a systemic crisis.
Airlangga also emphasized that exchange rate fluctuations are part of the global dynamics that cannot be avoided. However, Indonesia has shown resilience by maintaining the trust of international market players. In a global situation full of uncertainty, ranging from the increase in the benchmark interest rate in the United States to geopolitical tensions in various regions, Indonesia has been able to stand tall and provide guarantees of stability to the business world.
This is in line with the statement of the Minister of Finance, Sri Mulyani Indrawati, who stated that Indonesia’s economic strength is not the result of coincidence, but the fruit of fundamental policies implemented in the long term. Strengthening the economic foundation, increasing fiscal resilience, and implementing various strategic programs are important milestones towards the great ideal: Indonesia Emas 2045.
The government’s focus on budget management in a disciplined and accountable manner has had a real impact. The APBN deficit is maintained within safe limits, the debt-to-GDP ratio remains under control, and state spending is directed at productive sectors such as infrastructure, education, and health. When many developing countries are facing a fiscal crisis, Indonesia has actually gained recognition as one of the countries with the best economic management in the region.
Sri Mulyani also reminded that this achievement is not the result of the government’s work alone, but rather the fruit of the spirit of mutual cooperation of the Indonesian people. The success of maintaining economic and social stability will not be achieved without the contribution of the community, the business world, academics, and all elements of the nation who continue to work together to build the country.
In terms of social and political resilience, Indonesia has also shown maturity. The democratic agenda is running according to the constitution, and the government transition is designed to take place in an orderly manner. The government also continues to maintain open communication with various community groups and continues to uphold freedom of expression within the corridor of law and state ethics.
However, amidst these achievements, a number of parties have emerged who have rolled out a dark narrative about Indonesia’s future. The issue of “dark Indonesia” echoed through social media and street speeches is actually a form of obscuring the facts that can damage the spirit of nationalism and the hard work of millions of Indonesians. Voicing criticism is certainly legitimate in a democratic country, but spreading baseless fear is counterproductive to efforts to build the nation.
The government has responded to these issues with data, work, and achievements. When some parties voice doubts, the government comes with solutions. When the global market shows volatility, the government calms with stability. When some voices spread fear, the government provides certainty.
As a great nation, Indonesia has repeatedly proven its ability to recover from various crises. Starting from the 1998 monetary crisis, the 2008 global financial crisis, to the COVID-19 pandemic, Indonesia has not only survived but also grown stronger. This experience is an important capital in responding to future challenges.
