Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00they are forced to intern first and they
00:00:03wait for the time until full-time work is 1 year, that's why I question
00:00:07who this 5% growth is for, with those beautiful words or
00:00:12two, it's green economy, and also in statistics, who actually feels this, while
00:00:14a survey of entrepreneurs and also 63 economists conducted by
00:00:18LPMUI also stated that many government policies
00:00:21are not suitable or improve the situation and this results
00:00:25in eh, what's it called,
00:00:28the acceptance rate of President Prabowo. and the survey also continues to decline
00:00:31and has reached almost 50% at the moment, this is
00:00:35the turning point, right? Can those data really restore
00:00:39the situation like this, because when we talk about growth, it must be real, truly felt by
00:00:42the people at the bottom. Now, when we talk about the people at the bottom,
00:00:46maybe the farmers at the bottom are now talking about things being better when the price of goods is bought
00:00:50higher, but the question is whether rice can be obtained
00:00:53easily, that will later become another problem, right?
00:00:57Maybe there is rice but it's not easy to get. It's the same, so food
00:01:00security also becomes weak like that. Mr.
00:01:04Pitra answered earlier, who is this growth for, and then there are concerns
00:01:08that need to be answered among the community. Yes, first,
00:01:11Mr. Gusti must choose
00:01:14his words carefully, so it's not all entrepreneurs. I don't know which entrepreneurs
00:01:18were generalized because I'm also from Kadin, and if
00:01:22we talk about Kadin, there are also many projects that, if we look at
00:01:25the translation earlier to working capital demand and also to
00:01:29investment credit, it is indeed imbalanced between sectors. If we look at the
00:01:32retail sector, it's slightly down, but if we look at the communication services, food,
00:01:36and beverage sector, it's up 11.2%. Maybe we should also survey those
00:01:40places. Secondly, Mr. Gusi needs to learn
00:01:43about the difference between correlated
00:01:47variables, right? So, when we talk about this, I'm also
00:01:50an educator, I'm a lecturer at UI. Now, if we
00:01:53look at the world's developments now, why is the waiting time
00:01:57for graduates much higher? Because there's a disruption
00:02:01from technology. Now, for entry-level
00:02:05positions, almost everything can be replaced by AI. There are
00:02:08several places, like securities, entry-level economic analysts,
00:02:12those companies in the financial sector
00:02:16no longer want to hire them. Why? Because they can easily be replaced
00:02:20by AI, everything uses cloud. Fable
00:02:225.1 allows us to do simple econometric
00:02:26calculations. That doesn't need to be done
00:02:29anymore... using economists, for example. But on the other
00:02:32hand, it's true there's also a gap,
00:02:36a gap between or
00:02:39compatibility or absorptive capacity. Mr. Kusti can read my book
00:02:42"Globalization, Productivity and Production Networks in ASEAN." We can
00:02:46see the gap between Indonesian people
00:02:48and industrial needs. And that's why we are making
00:02:52investments in human resources. The goal is to
00:02:55increase the absorptive capacity of our production
00:02:59inputs. As Amartya Sen once said, "commodities and capabilities."
00:03:03What's the point of the industry coming in if the people can't absorb it?
00:03:06What's the point, as Amartya Sen said, what's the point of giving
00:03:10a bicycle to someone who can't ride a bicycle? In the end, it will be
00:03:14underutilized. And in this context, we can see
00:03:17that there are actually several sectors that are increasing,
00:03:20but it is indeed imbalanced, there is an uneven story.
00:03:24From there, that's why the president also stated
00:03:27there is a kind of paradox in Indonesia
00:03:31that must be resolved immediately. One of them is that we are not just pursuing
00:03:34economic growth figures. Economic growth is fine,
00:03:38as Jeffrey Sachs also once said,
00:03:41"the big push for the emerging market" to achieve
00:03:44macro figures. But on the other hand, Jeffrey Sachs also stated
00:03:48in 2002, "the end of poverty." So, in the end,
00:03:52the end goal is how we can reduce poverty.
00:03:56Now, the problem is, if I had already divided
00:04:00several classes earlier, the growth incidence curve at the bottom is positive, the growth incidence
00:04:03curve at the top is also positive. The problem is in the middle. How to open
00:04:07the way in the middle,
00:04:10more thing, maybe what will be anticipated in opening job opportunities in formal spaces. So far, many are informal. That's
00:04:13of 2026, why we then need to aggressively industrialize
00:04:21And in the end, the 19 million jobs the investigation process again. Okay, in the midst of many people who then work informally or in the gig
00:04:23economy, how do you yourself see the gig economy from
00:04:27year to year?
00:04:30If I look at the gig economy, it is a function
00:04:34of the increasingly narrow job opportunities in the formal sector,
00:04:37because if we look at the gig economy,
00:04:42We already conveyed earlier most of it is in informality, and that is what I
00:04:44mentioned earlier as comorbid post-covid. Post-covid
00:04:48is its scarring effect that we need to reverse.
00:04:51If we look now, it's very ironic,
00:04:54Ms. Maya, even though being a driver partner is certainly an honorable
00:04:58job, many of them are overqualified,
00:05:02those who have graduate studies, graduate level, even they become driver
00:05:06partners. What does this mean? It means we need to enlarge
00:05:09the proportions in the formal sector. There are 105.
00:05:1355.49 million labor force, only 148.19
00:05:16million were absorbed, so we have
00:05:197.2 million unemployment figures. But the problem is not just
00:05:23the 7 million unemployment figure, proportionally, that's the lowest
00:05:26since 1994. That's not the problem. The problem is
00:05:30that out of 148 million people absorbed into the workforce, again,
00:05:3360% are in the informal sector,
00:05:36where, if they are surveyed, if we look at surveys,
00:05:40jobs and prices are always... their top of mind.
00:05:43So, this is what we can look at going forward, how to
00:05:47increase income, especially for the middle class, and also
00:05:51make prices much more stable. And at least, if we look
00:05:54now, our inflation is at a level that is still within range.
00:05:58Okay, Mr. Vitra, we will continue our discussion, but first we must
00:06:02listen to the press statement that will be delivered directly from the Public Relations
00:06:05Division of the National Police regarding the latest developments in the investigation of the
00:06:09wiretapping case against the President of the Republic of Indonesia. Here it is.
00:06:14Fellow media colleagues, whom I respect and am
00:06:16proud of,
00:06:18tonight I will deliver a press
00:06:22release at a doorstop,
00:06:25which is on Thursday, November 5,
00:06:282026. Of course, I will convey
00:06:31developments that are of common concern
00:06:34to us, and as a matter of accountability, tonight
00:06:38we will deliver
00:06:41it. First, the Chief of Police
00:06:45conveys appreciation
00:06:48and also thanks to all personnel
00:06:52wherever they are, who continue to maintain
00:06:56solidarity, dedication, and
00:07:00the spirit of devotion in carrying out
00:07:02their duties.
00:07:05The Chief of Police also advised that all
00:07:07personnel
00:07:10always carry out their duties with... full
00:07:12sincerity,
00:07:15professionalism, and responsibility in line
00:07:19with the spirit of the police
00:07:21with the community.
00:07:24Colleagues, the Chief of Police also conveyed
00:07:26appreciation and thanks
00:07:30to all
00:07:32members of society
00:07:35and also
00:07:37to the elders
00:07:41of the police. They were here earlier to meet the Chief
00:07:44of Police and also
00:07:48various elements of society
00:07:51who have provided moral support, input,
00:07:54and trust given. This will certainly strengthen
00:07:58the Police institution
00:08:02to continue carrying out its duties,
00:08:05including in the process of law enforcement
00:08:09in a professional, objective, and
00:08:12transparent manner.
00:08:15Therefore, on this occasion, as a form of commitment
00:08:19to accountability and
00:08:21transparency, there are several things
00:08:25that need to be conveyed to the public,
00:08:28to the people:
00:08:31First,
00:08:34the Chief of Police has
00:08:36observed, followed, and
00:08:40listened to various
00:08:43issues and developments related to information that
00:08:47is of public concern.
00:08:50As a form of proactive response and
00:08:54seriousness of the institution,
00:08:58the leadership of the police, in this case,
00:09:01has formed
00:09:05a special team to
00:09:09respond to information and those issues.
00:09:15to conduct a thorough investigation led directly by
00:09:19Mr.
00:09:20Krim. Then,
00:09:24secondly,
00:09:30carried out by this special team
00:09:33will certainly require time and
00:09:36stages that must be carried out
00:09:39carefully, professionally,
00:09:43and in accordance with applicable
00:09:45law.
00:09:47The police are committed to ensuring that every process
00:09:51runs objectively and can
00:09:53be accounted for. Later, all media
00:09:57colleagues, the results of the team's work
00:10:01will be conveyed to the public transparently
00:10:04and accountably in accordance with
00:10:07the progress of this case handling
00:10:10process.
00:10:13We once again thank you for your support and
00:10:17trust given. Believe
00:10:20and trust
00:10:23that we will continue to operate professionally,
00:10:26proportionally, and procedurally, upholding
00:10:30high ethical
00:10:32standards for a more objective,
00:10:36transparent, and just education.
00:10:39Furthermore, as part of information openness to
00:10:41the public, the latest developments in the
00:10:45education process will be conveyed directly by
00:10:48the Director of Cybercrime, Bareskrim Polri.
00:10:52This explanation is expected to provide clear,
00:10:55measurable, and fact-based information
00:10:58regarding the law enforcement steps that have been taken. Therefore,
00:11:02we invite the Director of Cybercrime
00:11:06to explain
00:11:07the developments.
00:11:10Thank you, Mr. Karopenmas. Assalamualaikum warahmatullahi
00:11:14wabarakatuh. Good evening and greetings
00:11:18to all of us. Greetings, police. Police
00:11:22with the community.
00:11:25On this occasion tonight, we,
00:11:29the investigators of the Cybercrime Directorate of Bareskrim Polri,
00:11:31will convey the developments
00:11:35of the investigation regarding the upgrade of
00:11:38the suspect's status
00:11:40with the initial SU,
00:11:42who was previously still a witness. Based on the results of the
00:11:46case review, the investigators concluded that Mr. SU
00:11:50has met the elements
00:11:54of an unlawful act.
00:11:57The role of suspect SU is
00:12:00as the board of trustees of
00:12:03MC Bareskrim Polri,
00:12:06where the person concerned
00:12:09once served as
00:12:11Kabakmon or Head of
00:12:14Monitoring
00:12:18from 2010 until
00:12:202019
00:12:23until now.
00:12:26Kabakman, namely suspects EH
00:12:29and AS, if they were to carry out
00:12:33provisioning or wiretapping, they had to get
00:12:36permission from Mr. SU.
00:12:40In early October 2026,
00:12:43suspect AS asked for permission to delete
00:12:46the results of the wiretapping to
00:12:49SU, and suspect SU consented
00:12:53to the deletion of the wiretapping results
00:12:56file all this time. We need to inform
00:12:59all media colleagues that
00:13:02until now, the number of suspects in this case
00:13:06is four people. Three were detained
00:13:09at the Mako Brimob.
00:13:13As for suspect SU,
00:13:15we cannot detain him
00:13:19at this time because he is ill, post-stroke.
00:13:23The number of witnesses we have
00:13:27examined is 13
00:13:30and experts are 5 people,
00:13:32consisting of 3 IT experts and 2 criminal experts.
00:13:36Suspect SU
00:13:38is charged
00:13:42with Article 332 paragraph 1 and/or
00:13:46paragraph 2 of illegal access with a maximum penalty
00:13:50of 6 years
00:13:52and 258 paragraph
00:13:551 of Law Number 1 of 2023 concerning
00:13:59the Criminal Code with a maximum penalty of 10 years
00:14:02in prison and Article 32 paragraph
00:14:061 of the ITE Law on the deletion of electronic
00:14:09systems, deletion of electronic information
00:14:12systems with a maximum penalty of 8
00:14:15years and junto Article
00:14:1820 letter
00:14:20C of the Criminal Code.
00:14:23On this occasion, we also inform
00:14:27the public that there is a lot of information circulating
00:14:30on social media that is not necessarily
00:14:33true. Therefore, we urge the public
00:14:36not to easily believe
00:14:40information that is not necessarily true.
00:14:43That is all we need to convey. Hopefully,
00:14:47the information,
00:14:49the developments in the investigation that we have conveyed, can
00:14:53provide benefits for all of us. Thank
00:14:56you, sir. Is the motive and also the
00:15:00perpetrator who was ordered already known, the intellectual actor who
00:15:04gave the order? Thank you, colleagues.
00:15:07that in this case, of course,
00:15:10the investigators have heard
00:15:14all the developments and information,
00:15:18so a special team leader
00:15:21has been formed to...
00:15:25proactively respond to that information.
00:15:27So, of course, the investigators
00:15:30need to
00:15:34very carefully consider and also
00:15:38need time professionally and, of course,
00:15:41in accordance with the rules. However, we will convey
00:15:44the developments of this later. That's all, colleagues.
00:15:48indications of treason. Now, will Bareskrim Polri
00:15:52itself, specifically, apply the article on treason
00:15:55to the suspect, because it was previously mentioned that there were alleged
00:15:59indications of treason from Distan itself. As we
00:16:02mentioned earlier, regarding the developments, input, and
00:16:06then information. This is still in the process
00:16:09of forming a team that is careful,
00:16:13professional, and accountable. Further details will be provided later. This
00:16:16process, as explained by the head of Bareskrim yesterday,
00:16:20and as a new development, we can
00:16:23inform you of the addition
00:16:26of Mr.
00:16:28SU.
00:16:36Yes, ladies and gentlemen, we have just witnessed the press statement delivered by the Public Relations
00:16:39Division of the National Police Headquarters regarding the handling of the
00:16:42wiretapping case against the president. A special
00:16:45team has been formed, led directly by the Chief of Police. The police
00:16:49are also conducting a thorough and professional investigation in accordance with applicable
00:16:53law, and it will certainly take time. In addition, it was stated
00:16:56that three suspects in this case are detained at Mako Brimob,
00:17:00while one suspect is not detained due to
00:17:04illness. Of course, we are still waiting for the latest
00:17:07developments regarding this case, and we will
00:17:11continue our dialogue regarding
00:17:14Indonesia's economic growth surpassing expectations. I will return
00:17:18with our two speakers, Mr. Fitra and Mr. Gusti, who are still
00:17:22connected online. I'll go to Mr. Gusti. Mr. Gusti, government spending was
00:17:25also mentioned to have grown by 8.95%,
00:17:28including for several priority programs, including
00:17:32the MBG program. Now, how effective
00:17:35is the spending program specifically in driving
00:17:39economic growth? Will its impact be
00:17:41sustainable, or will it risk increasing
00:17:45dependence on fiscal
00:17:47stimulus?
00:17:50Yes, the increase in MBG spending is actually good
00:17:54for boosting the GDP figures for the food and beverage sub-sector,
00:17:57right? So it's clear that
00:18:00the provision of accommodation and food and beverages surged, we see in the
00:18:04BPS survey that it's 11.22%. Well, that's one
00:18:06of the consequences, that 153 trillion rupiah
00:18:10is a consequence of the MBG program, which if we include it, it will be included
00:18:14in the food and beverage sub-sector GDP, and it's not strange if it becomes
00:18:18one of the, well, what's it called, increases, right?
00:18:22There's an increase, right? From the provision of accommodation,
00:18:25and it contributes 0.37 percentage points to the total national economic growth. But
00:18:29the biggest question is actually the impact on,
00:18:32for example, MSMEs that become suppliers of the MBG itself,
00:18:36right? We also haven't really seen a direct impact on the local
00:18:40economy from, for example, the MBG SPPG in all regions,
00:18:44right? Because there are some that are eventually controlled by cooperatives, and actually the suppliers
00:18:47are always the same, which we researched in depth from
00:18:51CILIOS, right? And
00:18:54in terms of trends, since Mr. Dariono became
00:18:57the head of, what's it called, BGN, there has been continuous
00:19:00efficiency, so I think in the future, this MBG
00:19:03will not continue to be as big as before, and this also includes
00:19:07appreciation, meaning the government listens to input from civil society
00:19:11like that. And secondly, I also want to respond that our
00:19:15workforce, I agree with Mr. Vitra that most of us end up in
00:19:18the informal sector, the gig economy, because, as Mr. Vitra already admitted,
00:19:22there is a disruption, Mr. Kitra said there is a
00:19:26disruption to graduates now, even though surveys from
00:19:29several HR companies show that it only causes
00:19:33concern, not absorption, because labor absorption is almost
00:19:36stagnant since 2023 when there was a winter tech and so
00:19:40on. This is because of the flow of capital that stopped due to global geopolitical
00:19:44problems as well, among other things. But if we talk about
00:19:48AI, it doesn't seem to be going in that direction. Absorption is purely because our
00:19:51economic growth is not really growing in the real private
00:19:54sector, that's another issue.
00:19:58promised by our vice president might turn out to be 19
00:20:02million informal jobs, not formal jobs
00:20:05like that. Okay. Alright, regarding that, I'll
00:20:09go back to Mr. Vitra. Mr. Vitra, with the economic growth of
00:20:125.47%, is the government optimistic
00:20:16about the economic prospects ahead? Very
00:20:20optimistic. If we look, one of the challenges is the
00:20:23geopolitical developments. From the geopolitical side
00:20:27itself, the challenge is from the energy
00:20:30side, that's the first and most visible one. On the other hand,
00:20:34there are also developments from US treasury yields that also briefly
00:20:37increased above 5%. However, the results of the
00:20:40US midterm elections yesterday, when the Democrats became
00:20:44the dominant winners, somewhat reduced that tension,
00:20:47so in the end, for this year alone,
00:20:51we have already exceeded the economic growth target based on the macro
00:20:55assumptions for 2025. The 2025 macro assumption for 2026
00:20:58was 5.4%, the formal target. That has actually been
00:21:01exceeded as of the third quarter of this year,
00:21:04so the target to reach a minimum of
00:21:075.5% or 5.6% is actually
00:21:11not too impossible to achieve this year. And
00:21:14next year, the 6% target, it seems we have also seen its
00:21:17trajectory, that if we bridge
00:21:21the economy to the economy, where we see
00:21:25that for 10 years, from 2014 to
00:21:272024, our economic growth, excluding pandemic
00:21:31times, was 5.07%.
00:21:33But we have now exceeded that
00:21:375% mark and are starting to crawl even above
00:21:415.5%. One reason is that we focus a lot
00:21:44on activities or installed capacity, as with
00:21:48industry earlier, so it has become supply-driven growth
00:21:51rather than consumption-driven growth. Okay, regarding
00:21:55maintaining economic growth, of course, in the coming quarter,
00:21:59besides global geopolitical challenges, domestically, there are several regions that have not
00:22:02yet recovered, even from disasters in parts of Sumatra and also Nusa
00:22:06Tenggara Timur. How should the government anticipate that?
00:22:10Even before coming here, I was just discussing with friends
00:22:13about disaster mitigation, to coordinate with
00:22:17ministries/agencies and so on. We should not just react or
00:22:21respond downstream after the event occurs,
00:22:24but how to mitigate the adverse effects before it happens, because
00:22:28my experience in Japan is that they also prepare
00:22:32themselves, even for years. In my year,
00:22:36there was the Fukushima accident in 2011, and there was even
00:22:39a big earthquake, an earthquake, a tsunami, and also
00:22:42radioactive pollution. That
00:22:45could be anticipated because they had already carried out
00:22:49mitigation measures. Worst-case scenarios beforehand, and this
00:22:52is what we will try to do going forward, because we are in the ring of
00:22:56fire, and disasters are also a very important part
00:23:00for us to look at going forward, the forecast. But what is also
00:23:03interesting is that if we look at least until the first
00:23:07semester, there are 77
00:23:10regencies that have grown above
00:23:13this, this is 2025. The position is that there are
00:23:1677 regencies that have grown above 6%. In
00:23:202026, there are 99 regencies that grew above
00:23:236%, and that means there are about seven
00:23:27provinces. So from that side, the
00:23:30development is quite promising. One example, if we look at Gorontalo,
00:23:34in 2024 Q1, it grew
00:23:374.6%. In 2025 Q1, it
00:23:41grew 6.5%, and
00:23:44even in the latest Q1 of this year, 2026, it grew
00:23:487.6%. This means from this perspective, we can see that there are
00:23:51developments in the regions, but of course, we also have to see
00:23:55that there are regional potentials that must be stalled
00:23:58due to potential disasters that occur,
00:24:02such as the Sumatra disaster yesterday. But for Sumatra, we can also
00:24:05see that the handling for several
00:24:09months after the disaster
00:24:12has even led the Ministry of Finance to allocate calculations of 60
00:24:15trillion, and even before that, I also helped to provide
00:24:19the effect or economic impact, or how much money we need to
00:24:22spend, so that calculation came out a week after
00:24:26the disaster, and that was then immediately executed by
00:24:30the Ministry of Finance in this case. providing a portion
00:24:33or cash for disasters, okay, I'll
00:24:36transfer to Mas Gusti, Mas Gusti, what's your response? Still related
00:24:40to economic growth in the region, where earlier we also saw
00:24:44the data that Java Island is still dominant in contributing
00:24:47to national economic growth.
00:24:51For some regions, I also saw earlier, some PDRBs, like in
00:24:55Sulawesi, it grew by two digits, right? The economic growth, that's one of the
00:24:58reasons why it's driven by mining, and we hope
00:25:02that it's not just mining that can grow, because if we look
00:25:06at it, we believe that growth shouldn't just be about
00:25:09raw materials, that's why I also believe in industrialization and so on, but it
00:25:13would be even better if we shifted to a green economy and also how
00:25:17to add value, that's actually short. For the region,
00:25:21yes, please add about the green
00:25:24economy. Actually, in our calculations,
00:25:27as I mentioned earlier, regarding the investment needs for
00:25:31some core infrastructures, the investment needs to achieve
00:25:35the 8% growth target from six core infrastructures is 10,000
00:25:39trillion rupiah, and from that 10,000 trillion rupiah,
00:25:421,500 to 2,000 trillion rupiah is based on
00:25:46the green economy
00:25:49or if we look at it, I'm taking calculations from ZP,
00:25:52the Just Energy Transition Process or Partnership, and
00:25:56even now we are sending a delegation to
00:25:59COP in Turkey later, that's one of the goals. The goal is
00:26:03to what do you call it? To expand or even emphasize
00:26:07our commitment to this green economy, because this is already in
00:26:11our roadmap, in Astacita number
00:26:14Astacita, in number eight, there's sustainable economy,
00:26:18so we must be able to coexist with the environment,
00:26:21right? Because if we talk about the economy of natural resources, we are talking
00:26:25about intertemporal factors, what we consume now,
00:26:29must then be more orderly, so that in the end it can be more sustainable.
00:26:33Okay, as we enter the conclusion,
00:26:36I want to go back to Mas Gusti, Mas Gusti, what is the biggest risk
00:26:40that, according to you, can hinder Indonesia's economic growth in
00:26:43the fourth quarter of 2026,
00:26:46and what public policies should
00:26:50be improved?
00:26:53Or the most important thing, in my opinion, is the government's public communication. Actually,
00:26:56I've seen several times, several spokespeople
00:27:00who actually talk about negative things. For example,
00:27:02the dollar will reach 22,000,
00:27:06then taxation on barbers, informal workers.
00:27:08In my opinion, that's not good, and in my opinion, it really shows
00:27:12that the government is not a servant, but a master, and this shows
00:27:16that this is like from the time of VOC, as Mr. Sultan said earlier,
00:27:20on this day. Secondly, I agree with Mas
00:27:23Fitra that the green economy is indeed a government target,
00:27:27or the government has planned its plans, but I haven't seen
00:27:30any real efforts to truly enter the green economy.
00:27:34For example, are there special KUR for green
00:27:38economy projects? And there are so many green
00:27:41economy projects in the field that are very expensive and get
00:27:44credit, but for those that are low and below,
00:27:48it's very difficult, especially if we talk about transition. That will also
00:27:52be part of climate change mitigation, if we talk about green
00:27:55economy projects. So if earlier Mas Kit also talked about disaster
00:27:59mitigation, funding green projects can be one of the levers
00:28:03for future economic growth, and thirdly, I hope
00:28:06that government spending, or ministries, truly focuses on
00:28:10things that provide a very large trickle-down effect to the community,
00:28:13like that. Finally, to Mas Fitra, answering what was
00:28:17said earlier, what policies will then be improved by the government? One of the things highlighted
00:28:21was communication, right, Mas
00:28:24Witra? That's why I want to be invited, because I
00:28:28speak according to my expertise. When it's economics, I come,
00:28:31when it's not economics, I don't want to come because I don't understand. So I only talk about
00:28:35issues that I master. Now, if
00:28:39we talk about green economic targets,
00:28:42actually, that is also part of our comparative advantage.
00:28:46One of them is carbon trading, for example. Carbon trading,
00:28:50if from the discussions,
00:28:53we can even pay people, right? What is our limit?
00:28:57Our limit is human resources, our limitation is superior
00:29:00human resources. Well, we can't just
00:29:03make everyone qualified in an instant, right? But with the current
00:29:07conditions, how about carbon trading, people
00:29:10just or green stuff and what is it
00:29:14called, things that are green economy, we can
00:29:17employ people to sit and monitor
00:29:20trees, and they are even paid twice the minimum wage if we can
00:29:24do this well. That's why our delegation's trip
00:29:27to COP in Turkey later is one of the reasons for that, not
00:29:31just to emphasize commitment, but we also have to look at it from this
00:29:35side, what the financing for growth will be like, then from the
00:29:39sustainability effect, and how to empower
00:29:42people, even in the groups that were just mentioned,
00:29:46groups that are not even compatible with industrial progress that will be affected by
00:29:50industry, affected by robots, affected by robots, as
00:29:53Baltin said in Globotics Upheaval, that our challenge
00:29:57in the future is not just globalization, but also
00:29:59robotics and automation. So that's our challenge, but on the
00:30:03other hand, we already have the answers, one of which is
00:30:07if we focus on the green economy just now, for example, okay, one
00:30:12the last quarter
00:30:16this last quarter is almost over, right? We are entering
00:30:19November, but on the other hand, if
00:30:23we look at the challenges, they are not getting smaller,
00:30:26but if we look at what we
00:30:30can do throughout this year until
00:30:33at least the third quarter, it has shown that the Indonesian economy
00:30:36is quite resilient, from the consumption side and also from the investment
00:30:40side. And it's also important that we keep
00:30:44our economy at the level we
00:30:47want, then not sacrificing, for example,
00:30:50rules or our fiscal capacity that must
00:30:54be sacrificed so much, because we have also committed that later
00:30:58even if there is a deficit expansion, it's because of an expansion
00:31:02of energy subsidies and compensation, it will not exceed 3%
00:31:05deficit, based on the law on state finance, and that
00:31:09is