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20261012 120000 UTC
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[00:00:15] you are watching Hat News at 7 PM Western Indonesian Time. 9 Constitutional Court
[00:00:18] (MK) judges have been reported to the MKMK (Honorary Council of the Constitutional Court)
[00:00:22] regarding alleged ethical violations in the examination and trial
[00:00:26] of the Gibran Rakabuming Raka diploma dispute.
[00:00:30] The reporters suspect that the nine MK judges violated constitutional principles
[00:00:33] by still holding the trial for the Gibran Diploma dispute, even though
[00:00:37] the applicant was deemed to have no legal standing. The Head of the
[00:00:41] MKMK Secretariat, Fajar Laksono, stated that out of a total of six reports received,
[00:00:44] three of them did not
[00:00:47] increase. This revenue is meet formal requirements and thus were not pursued.
[00:00:49] The MKMK will only determine the schedule for summoning and examining the nine MK
[00:00:53] judges at an internal meeting on Wednesday next week. The MKMK
[00:00:57] has a 30-day deadline to complete all examinations
[00:01:00] and decide the fate of the nine judges.
[00:01:11] will be back in 1 hour from now.
[00:02:06] Presented by,
[00:02:08] Speaking of subsidies, what was
[00:02:32] but it is a crucial phase where the foundation
[00:02:35] of major policies begins to be tested and
[00:02:38] realized. Through this forum
[00:02:41] today, we are not only
[00:02:43] So, I think what was here to record history,
[00:02:45] but also to test ideas,
[00:02:49] nurture optimism, and oversee the direction of national
[00:02:52] policies towards the vision of Golden
[00:02:56] Indonesia. Ladies and gentlemen, through today's
[00:03:00] discourse, a discourse that we hope
[00:03:03] will be constructive from experts
[00:03:06] to policymakers present, let us make the
[00:03:10] two-year momentum of this government an objective space for correction
[00:03:13] as well as a shot of positive
[00:03:17] energy for our nation. Finally,
[00:03:20] happy discussing, hopefully the ideas and recommendations
[00:03:24] from this forum will make a tangible contribution to Indonesia's
[00:03:38] and uncertainties, the pulse of the national economy continues to move across various
[00:03:42] sectors. In the last two years, Indonesia has
[00:03:45] entered a new chapter under the
[00:03:48] leadership of President Prabowo Subianto and Vice President Gibran
[00:03:51] Rakabuming Raka. Economic consolidation continues
[00:03:54] to be encouraged, domestic sectors are strengthened, productive
[00:03:57] investment is increased, and it also reinforces economic
[00:04:01] independence.
[00:04:03] The results are now reflected in positive
[00:04:06] figures. In the first semester of
[00:04:10] is called separated 2026, Indonesia's economy grew by
[00:04:12] 5.45%.
[00:04:14] Investment realization even reached more than 1
[00:04:17] quadrillion. However, growth is not just
[00:04:21] a number. The government is now directing the economy towards a more
[00:04:25] independent management of state wealth, downstreaming, and
[00:04:28] investment that...
[00:05:10] as I mentioned
[00:05:13] Red and White Cabinet of President Prabowo and Vice President
[00:05:16] Gibran.
[00:05:19] Earlier, at the opening, Mr. Tomi, I
[00:05:23] heard that Q1
[00:05:25] 2026. But if we want to talk about two years, let's
[00:05:29] flashback two years to what happened two years
[00:05:33] ago? I even want to say
[00:05:37] that two years ago, even the government of Prabowo
[00:05:40] and president President Prabowo and Vice President Gibran
[00:05:44] have even started working
[00:05:47] even before being inaugurated,
[00:05:50] a very smooth transition
[00:05:59] an extraordinary smooth
[00:06:02] transition,
[00:06:05] and then the President conveyed
[00:06:08] many of his visions, and
[00:06:11] then... We, in
[00:06:13] the ministries, especially the Ministry
[00:06:17] of Finance, must ensure that the transition
[00:06:21] is smooth. What kind of transitions?
[00:06:25] One, organizational transition,
[00:06:29] not only the organization of the Ministry of Finance but also other ministries.
[00:06:32] If the organization
[00:06:35] ensures the transition of human resources,
[00:06:39] ensures the transition of its budget, ensures...
[00:06:42] the transition of state-owned assets and this we
[00:06:46] prepared even before
[00:06:49] President Prabowo was inaugurated.
[00:06:53] The transition was so smooth.
[00:06:57] The head of BGN, the formation of the National Nutrition Agency,
[00:07:01] was carried out during the previous government.
[00:07:04] Internally, the Ministry
[00:07:07] of Finance, we received a Deputy Minister of Finance
[00:07:11] since the previous government. This
[00:07:15] is an extraordinary transition. Well,
[00:07:18] if we want to talk about two
[00:07:25] carried out a good transition,
[00:07:28] and then 2025 enters the year
[00:07:32] 2025, what about the fiscal? President
[00:07:36] Kudus said that there is a lot that needs to be improved,
[00:07:39] efficiency in the state budget. We
[00:07:43] did it in January
[00:07:49] an order at that time to make budget
[00:07:53] a caliber of 306
[00:08:00] news. Two years ago it was like that.
[00:08:04] The impression is cut, cut, cut, cut, cut
[00:08:07] the budget, but actually behind the budget cuts
[00:08:11] there is... a fundamental
[00:08:14] foundation to make
[00:08:17] the state budget more impactful
[00:08:20] for the community so that
[00:08:24] this efficiency can be used for flagship
[00:08:27] programs for the people.
[00:08:31] And this happened with
[00:08:35] economic growth remaining at 5.11%,
[00:08:38] inflation in 2025 2.9
[00:08:42] 2.9% and so on. On this occasion, we look at
[00:08:46] the reflection of these two years, we see the big picture of our
[00:08:49] republic, we, I
[00:08:52] hope that with an understanding of what has happened
[00:08:56] during these two years, it will be the basis
[00:08:59] of the perspective that
[00:09:03] Indonesia works hard, that Indonesia works
[00:09:06] credibly, forming and
[00:09:09] between.
[00:09:12] Increase investment capacity, combine all
[00:09:16] the strength of
[00:09:19] state wealth, which
[00:09:22] state wealth, combine,
[00:09:25] synergize, make it more efficient,
[00:09:28] so I am sure later Mr. Doni will describe
[00:09:32] the areas of efficiency that make Danantara able to work
[00:09:36] harder, stronger with the
[00:09:39] state budget, fiscal we always use it
[00:09:43] as a tool to
[00:09:45] protect our society from shocks,
[00:09:49] a shock absorber. Earlier, it was mentioned
[00:09:52] that Q1 grew by so much, Q2 grew by so much,
[00:09:55] the first semester as a whole has already grown
[00:09:59] by 5.45%.
[00:10:01] We at the Ministry of Finance must find state revenue
[00:10:04] of 3,435
[00:10:07] trillion. I ask for support for this,
[00:10:10] but the state budget will... spend
[00:10:13] 4,100 trillion to
[00:10:16] boost economic activities, build various sectors
[00:10:22] above. Our deficit is kept at
[00:10:25] 2.4%, still below 3%.
[00:10:28] Even our President himself in two speeches,
[00:10:32] when presenting the draft state budget and the financial note,
[00:10:35] always said that we will continue to make
[00:10:38] our state budget more efficient so that we can
[00:10:42] become more credible. The state budget must continue to grow and
[00:10:46] the state budget must continue to protect our
[00:10:49] society. The tagline that I always echo
[00:10:52] in recent times is the state budget ( growing,
[00:10:56] the state budget protecting, and
[00:10:59] a credible state budget. Such
[00:11:02] are some reflections of the last two years of the Red
[00:11:06] and White Cabinet under President Prabowo and Vice
[00:11:09] President Gibran. Hopefully we can continue
[00:11:13] our great work for a better
[00:11:16] Indonesia.
[00:11:22] Presented by.
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[00:14:21] 61 years for Indonesia.
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[00:15:21] Well, once again, we thank the ladies and gentlemen
[00:15:25] who have attended our discussion today,
[00:15:29] of course, discussing a very important topic, how to optimize fiscal policy
[00:15:33] as stated by the Minister of Finance and also the role
[00:15:36] of Danantara with the presence of Mr. Doni Oskaria
[00:15:40] here. I'll go directly to Mr. Doni. If we have heard
[00:15:44] earlier, sir, how the Minister of Finance's presentation emphasized the importance
[00:15:48] of adaptive, flexible fiscal optimization,
[00:15:51] and also as a shock observer. In fact, it was mentioned earlier that Danantara's strategic
[00:15:55] role in this dual-pronged effort. The question
[00:15:58] is, sir, how does Danantara position itself to support
[00:16:01] our macro stability and especially outside
[00:16:04] the state budget? First, ladies and gentlemen, earlier.
[00:16:08] We have heard what the Minister of Finance
[00:16:11] said, because if we don't get the big picture,
[00:16:15] people tend to always discuss it at a technical and
[00:16:18] programmatic level. So we must understand the direction
[00:16:22] of the Indonesian economy under the leadership of President Prabowo
[00:16:25] Subianto, so that all of society also
[00:16:28] understands where the economy is headed,
[00:16:31] before there are also pillars and so on, of course. First
[00:16:35] of all, ladies and gentlemen,
[00:16:38] a fundamental transformation of our economic management. This is very
[00:16:42] important. Well, where does it start? It starts, of course,
[00:16:45] from our understanding:
[00:16:48] where will this country be taken? In the economic
[00:16:52] structure built by President Prabowo
[00:16:55] Subianto's government, it is very clear that we
[00:16:58] want to become a developed country. The first thing is,
[00:17:02] of course, we realize that to become a developed country, the pillars are still
[00:17:06] incomplete. The first thing is, we believe
[00:17:09] that there must be a strong human
[00:17:12] resource capacity to become a developed country. This is important for me
[00:17:16] to convey so that we do not get caught up in a discourse that
[00:17:20] is more tactical. Understand the global
[00:17:22] strategy first. Well, to become a developed
[00:17:26] country, of course, we must have strong
[00:17:30] human resource capabilities. And what is the fact? We have
[00:17:34] 19% of our children stunted.
[00:17:37] This is the fact. Second, we have more than 3 million of our children who do not
[00:17:41] have access to education. This
[00:17:44] is the fact. Then, our health level
[00:17:48] is low. Earlier, the Minister of
[00:17:51] Finance mentioned this. Then the program emerged: how the government
[00:17:54] intervenes to reduce these
[00:17:57] numbers. First, the MBG
[00:18:01] program emerged. So we must see that the program
[00:18:03] is aimed at reducing our high stunting
[00:18:07] rate. There is a high
[00:18:10] objective. That's one.
[00:18:14] Second, we also realize that many people do
[00:18:18] not have access to education. For the
[00:18:20] government, this is very important: how we break the chain
[00:18:24] of poverty and become a developed country if education is not a priority for
[00:18:28] us. Then the government began building public schools.
[00:18:31] These public schools, as mentioned by the Minister of Finance, aim
[00:18:35] to provide good education for
[00:18:37] all Indonesian people in accordance with Article
[00:18:40] 34. These public schools, for the first time
[00:18:44] in this government, ensure that all of the poorest
[00:18:47] people must attend school from elementary to
[00:18:50] high school, dormitories are provided, food is provided,
[00:18:54] teachers are provided, education is provided,
[00:18:57] smartboards are provided in all schools, improving our schools,
[00:19:01] then creating excellent schools with
[00:19:04] good standardization, there is the Garuda school. Yes,
[00:19:08] then also standardizing the curriculum
[00:19:11] according to international standards. So
[00:19:13] that we understand, this is the big picture. Number
[00:19:17] one, to become a developed country, we must have capabilities
[00:19:21] in human resources. Then we also must
[00:19:24] realize that if our stunting rate
[00:19:28] can be reduced, then we can provide
[00:19:31] education. If there is something related to health, the government
[00:19:35] must also be present. That's why it was done earlier. Mr. Sasir
[00:19:38] mentioned there is a program to provide free health
[00:19:41] checks, improvements to
[00:19:44] our Puskesmas (community health centers), improvements to our
[00:19:48] regional general hospitals, opening medical
[00:19:51] schools, and also increasing the salaries of
[00:19:55] doctors, which we just heard from the Minister of Health. So we
[00:19:58] must look comprehensively, we cannot get caught up in
[00:20:02] discussing only at the technical level.
[00:20:05] Implementation is one thing. But we must look at the global
[00:20:09] perspective. Now, the second thing is,
[00:20:13] where does the funding come from? It's by
[00:20:15] trimming
[00:20:18] expenses or expenditures that are not effective. This also
[00:20:22] needs to be conveyed to the public. Many assume that
[00:20:25] these programs are financed by
[00:20:28] debt or new funds, but that is not the case, ladies
[00:20:32] and gentlemen. The financing of these programs is done by
[00:20:34] trimming all of our expenditures
[00:20:38] that are not on target, as mentioned by the Minister of Finance, and there are
[00:20:41] many more that perhaps not many people realize that
[00:20:44] subsidies and compensations issued by the government
[00:20:47] every year amount to almost
[00:20:51] 900 trillion, and many of them are not on
[00:20:54] target. LPG,
[00:20:57] subsidized diesel, subsidized electricity,
[00:21:00] and compensation. This is also a lot, and this is a task for
[00:21:04] what is being done to trim. This should be used
[00:21:07] for more effective programs that think
[00:21:11] about the future of our nation. Earlier, trimming
[00:21:15] revenues or expenditures was done in order
[00:21:18] to finance programs that are effective.
[00:21:22] Then we also increase revenue by closing
[00:21:25] loopholes, too much under
[00:21:28] invoicing, transfer pricing. If we
[00:21:32] can close this, ladies and gentlemen, the revenue will also
[00:21:37] used to finance
[00:21:40] programs that are long-term
[00:21:44] oriented to make Indonesia a developed country. We want
[00:21:47] to change our economic base from commodity
[00:21:51] based to industrial base
[00:21:54] economy. This is where the role of
[00:21:57] Indonesia's funds comes in. The role of Indonesia's funds is to trigger and encourage
[00:22:01] a lot of investment. This year we invested 225
[00:22:04] trillion in downstreaming, which we hope will open up new
[00:22:08] 2027 we hope
[00:22:11] that the total of our state budget investment needed to reach
[00:22:15] 6% is 1,200 trillion. So, as mentioned by
[00:22:18] the Minister of Finance, this role will become...
[00:22:21] So how is the pattern? Later, perhaps we can discuss it in more
[00:22:25] detail. I will explain how our program encourages
[00:22:28] this investment, and is everything funded by the government?
[00:22:32] No. Friends, you can imagine, if we can save 200
[00:22:35] trillion today from various ineffective
[00:22:39] expenditures and we use that to finance
[00:22:42] programs, if we multiply it by 10, we have 2,000
[00:22:46] trillion that we can use for programs with
[00:22:48] KPBU (Public-Private Partnership), which we will pay in installments
[00:22:52] over 10 years. So this is it, friends,
[00:22:56] the transformation of our economic management going forward
[00:22:59] is very fundamental. This is what all Indonesian
[00:23:03] people must understand.
[00:23:09] Presented
[00:23:10] by.
[00:23:14] Supported
[00:23:15] by.
[00:23:20] faster Open a savings
[00:23:22] account, add to your balance, save
[00:23:24] livetin, your coupon, good luck comes
[00:23:29] if you immediately exchange
[00:23:31] your points to participate in the auction
[00:23:35] and get the special
[00:23:37] prize.
[00:23:40] Increase your balance and transactions and win prizes at
[00:23:44] Rezeki Wonder
[00:23:45] BNI.
[00:23:52] It's really amazing, the ticket is safe, no need to worry about running out. He said
[00:23:56] it's normal because he's used to extraordinary things with 5G
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[00:24:45] BNI.
[00:24:49] New hope, how will today
[00:24:52] turn out? Will it be full of smiles or
[00:24:56] the opposite? But the energy and inspiration to start
[00:25:00] the day are here from various Indonesian agendas today,
[00:25:03] understanding various issues to direct interaction with key
[00:25:07] speakers. Get information that is easy
[00:25:10] to digest with a simple delivery.
[00:25:13] Good morning Indonesia every day only on Metro
[00:25:17] TV.
[00:25:19] To win, you must be supported by a solid ecosystem, working
[00:25:23] together. A solid, reliable ecosystem. Oh
[00:25:26] my
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[00:25:34] Oh, now you're blaming me so easily.
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[00:26:19] Reality every Saturday at 12:30
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[00:26:26] Every corner of the archipelago
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[00:27:52] Tel.
[00:27:59] Presented by.
[00:28:04] Supported
[00:28:05] by.
[00:28:10] trimmed and also ensured to be more effective, one of those subsidies
[00:28:14] also targeted a stimulus
[00:28:18] or for labor-intensive industries. I'll go to Mrs.
[00:28:22] Sinta. If Mrs. Sinta looks at it, is the blend of fiscal strategy
[00:28:25] that was mentioned by Mr. Menyu, then Danantara's strategy that
[00:28:29] has been running so far, is this enough to provide a sense
[00:28:32] of optimism for business actors or maybe there is another more effective strategy?
[00:28:36] Actually, if we look from
[00:28:39] the sectoral side, maybe I always talk about
[00:28:43] the conditions on the ground.
[00:28:46] presented by Mr. Doni was very good, the role of
[00:28:49] Danantara and how it can help to continuously
[00:28:53] support government priority programs and economic growth. However,
[00:28:57] perhaps from the current sectoral conditions,
[00:29:00] especially in, we see that indeed
[00:29:04] if we reflect on the last two years, I remember last year
[00:29:08] I also sat with Metto TV to review what the first
[00:29:12] year was like. What is actually the difference in these
[00:29:15] one or two years? So,
[00:29:19] perhaps if we look at it from the perspective of its economic growth, we
[00:29:22] remain consistent, right? still above
[00:29:26] 5%. Now, then, what
[00:29:29] has become perhaps a very, very important factor is that the
[00:29:32] priority program has been running from the beginning, but perhaps what has become
[00:29:36] an important factor for change is indeed
[00:29:39] the geopolitical
[00:29:41] conditions, meaning the global conditions,
[00:29:45] right? Where, of course, this greatly affects
[00:29:48] the sectoral as well. So, why am I saying this? Because
[00:29:52] our economic growth has
[00:29:55] actually remained stable if we look at
[00:29:58] it, it has increased by itself, but this achievement
[00:30:02] remains at 5%, but what
[00:30:05] is happening on the ground in the sectoral? Now, this
[00:30:08] might be the main problem because
[00:30:11] the stimulus was given by the
[00:30:14] government, but is that enough to be able
[00:30:18] to move the sectoral, especially the labor-intensive sector? Now, I
[00:30:21] want to give several important aspects. First, if we
[00:30:25] look at the current conditions,
[00:30:29] indeed, what has become a very important factor right now
[00:30:32] is from the aspect of, if we talk about supply, it is
[00:30:36] the limitation of raw materials. This is very crucial, and
[00:30:39] this limitation of raw materials we see
[00:30:43] from the side of not only the accessibility of the amount
[00:30:47] of raw materials but also from the aspect of
[00:30:50] price. So, from the aspect of the factor of significant
[00:30:54] tariff increases, then
[00:30:57] we also look at the aspect of logistics.