Indonesian President: Our country can become the seventh largest economy in the world by 2030

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Indonesia’s President Joko Widodo said that his country could become the seventh largest economy in the world by 2030 in the event of rapid and appropriate growth in digitization in the economic and financial sectors.

“If we control digitization quickly and accurately, Indonesia has great potential to become a digital giant after China and India, and the seventh largest economy in the world in 2030,” Widodo said, during the opening of the Indonesian Financial Services Authority’s Virtual Innovation Day on Monday.

He directed the Financial Services Authority and the financial services industry to maintain and supervise the development of the digitization of the financial sector to contribute to the economy of society, according to the Indonesian news agency, Antara.

“This momentum must continue with efforts to build a strong and sustainable digital finance system,” the Indonesian president said.

He called for this digital economic and financial system to have policies in place to mitigate the risks of legal and social problems that will cause problems for society, as well as providing the digital system with protection for society.

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The article President of Indonesia: Our country could become the seventh largest economy in the world by 2030 was written in Al Borsa newspaper.