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Muhamad Chatib Basri: Criticism Saves Development

Monday, May 20, 2024

Economist Muhamad Chatib Basri explains the challenges facing the Indonesian economy.

arsip tempo : 172147987991.

Chatib Basri, a lecturer at the Faculty of Economics, University of Indonesia, and former Finance Minister during Susilo Bambang Yudhoyono’s administration from May 21, 2013, to October 20, 2014, poses after an interview with Tempo, Jakarta, May 15. TEMPO/Febri Angga Palguna . tempo : 172147987991.

INDONESIA’s economic indicators appear to show no sign of trouble. Statistics Indonesia (BPS) recorded 5.11 percent gross domestic product (GDP) growth in the first quarter of 2024. Muhamad Chatib Basri, a lecturer at the Faculty of Economics, University of Indonesia, described the growth rate as relatively good but not sufficient.

According to Chatib, Indonesia would face real challenges in 2050. By that time, the majority of the Ind


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