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Cintasia

How I Got a Free Masterclass in Economics

March 13, 2025

< 2 min read –

How I Got a Free Masterclass in Economics

🎤 Live, from an Indonesian Minister

Get the key insights below ⬇️

On February 20, 2025, Bloomberg Technoz hosted its annual Economic Outlook 2025 forum in Jakarta.

This high-level event brought together policymakers, economists, and business leaders to discuss strategies for navigating global and domestic economic uncertainty.

I had the privilege of being among the invited guests.

🔑 Key Themes & Insights

🔹 Indonesia’s Economic Challenges in 2025 – Slower growth, weaker household consumption, and a contracting manufacturing sector amid global geopolitical tensions and trade wars.

🔹 Impact of U.S. Economic Policies – Indonesia must prepare for shifts in U.S. trade and monetary policies under the new administration.

🔹 Top Experts & Thought Leaders, among them:

Luhut Binsar Pandjaitan – Coordinating Minister for Maritime Affairs and Investment, former four-star Army general.

Bambang Brodjonegoro – Former Minister of Research & Technology, now Special Advisor to the President.

To sustain economic growth in 2025, the government is focusing on

🍽️ Free Nutritious Meals Program – A large-scale initiative to boost consumption and create jobs.

🏡 3 Million Homes Program – A major push in housing, construction, and industries like steel.

These 2 programs are expected to stimulate growth through consumption and investment.

As Bambang Brodjonegoro emphasized:

âś… New growth drivers are needed, and these two initiatives can play a crucial role.

âś… Effective planning and execution are essential for real impact.

âś… The private sector must play a key role, especially in housing development.

To fully grasp the significance of these initiatives, it helps to break down Indonesia’s 5% GDP growth:

📌 2.5% comes from domestic consumption.

📌 1.5% from Gross Fixed Capital Formation (investment).

📌 0.3% from government spending.

📌 0.7% from other factors.

This explains why the government is doubling down on stimulating domestic consumption.

🏛️ Other Key Discussions

đź’ˇ The Middle-Income Trap and how to avoid it.

đź”— Capturing more value by focusing on downstream production.

📉 The debate around the shrinking middle class – is it real, or just a statistical illusion?

💰 Budget reallocations & spending cuts – interpretation depends on political perspectives.

🏦 Danantara: Indonesia’s new Sovereign Wealth Fund – with $900B+ in assets under management.

For me, Bambang Brodjonegoro’s keynote was a masterclass in economic strategy.

📌 Indonesia’s economic leadership demonstrates deep expertise and long-term vision.

That’s why I see Indonesia with a bright future and strong investment potential.

I’m ILANN AMRAM, co-founder of CINTASIA. We help companies bring their technology and industrial equipment to Indonesia.

🚀 Let’s connect!

PS: A big thank you to Ms. Pandu Wisaksono Sastrowardoyo for inviting me to this outstanding forum!

Source & picture: Bloomberg Technoz