Economic growth expected to boost public welfare
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- The President of the Prosperous Justice Party (PKS), Almuzzammil Yusuf, stated that economic growth should lead to increased public welfare.
- He emphasized that economic progress must translate into tangible benefits for citizens, such as job creation and improved living standards.
- Yusuf urged that economic development should be inclusive, ensuring that all segments of society can benefit and grow.
Economic growth in Indonesia must be directly linked to improvements in public welfare, according to Almuzzammil Yusuf, President of the Prosperous Justice Party (PKS). Speaking at the 81st Indonesian Independence Day commemoration in Jakarta, Yusuf stressed that the ultimate goal of economic expansion is to enhance the quality of life for all citizens.
We are grateful that our economic growth continues to increase. However, the ultimate goal of growth is the improvement of people's welfare.
Yusuf expressed gratitude for Indonesia's rising economic growth but cautioned that this momentum must be sustained and its benefits widely distributed. He highlighted that increased investment and economic activity should create more employment opportunities and elevate living standards. "High growth is useless if the people cannot enjoy it," Yusuf stated, emphasizing that every rupiah invested must contribute to job creation and societal well-being.
High growth is useless if the people cannot enjoy it. Every rupiah of investment must create jobs and improve people's quality of life.
He further explained that the impact of economic development is felt through everyday aspects of life, including the affordability of basic necessities, housing, and education, as well as access to employment and savings. Yusuf called for continued efforts to strengthen economic growth by expanding opportunities for societal advancement. He concluded by stating that Indonesia's independence should be celebrated by fostering a more just and prosperous society where everyone has the chance to thrive.
People read economic growth from the price of rice in the market, the cost of house rent, children's school fees, job opportunities, the income brought home, and how much is left for savings after all family needs are paid.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.