Despite facing tough challenges and the threat of recession, the Indonesian economy grew positively by 5.31% (yoy) in 2022. One sector that has become a catalyst in driving national economic performance is the Textile and Textile Products (TPT) and Footwear industrial sector.
The Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) cooperation in recent years has had a significant impact on the welfare of people in the region. In order to optimize this impact, it is necessary to strengthen cooperation in both planning and implementation of IMT-GT programs so that the resulting benefits can reach various regions in each country.
Based on the National Industrial Development Master Plan (RIPIN) 2015-2035, the dairy processing industry is one of the food sectors that has received development priority to provide and fulfill public nutrition. This industry has a great opportunity to provide dairy products for 273 million Indonesians, who currently consume milk on an average of 16.9 kg/per capita/per year.
National economic recovery efforts continue to receive support from various parties, including zakat, which is one of the sharia social financial instruments. Zakat empowerment also gets encouragement from the Government through the use of digital financial services and formal financial accounts. Presidential Regulation Number 114 of 2022 concerning the National Strategy for Financial Inclusion (SNKI) has also mandated the establishment of a Zakat Collection Unit (UPZ).
The stipulation of a Government Regulation in Lieu of Law (Perpu) on Job Creation is a constitutional implementation of the President's attributive powers based on Article 22 of the 1945 Constitution. However, the exercise of this authority is also limited, where the Perpu must be submitted to the House of Representatives (DPR RI) for approval. Thus, the subjectivity of the President in enacting a Perpu will be objectively assessed by the House of Representatives to be enacted into a Law.
The government continue to encourages various solutions to overcome the potential food crisis that is projected to hit various countries. One commodity that has the potential to become an important solution that must be considered is palm oil, which is edible oil or vegetable oil.