President Joko “Jokowi” Widodo, on Wednesday (16/8), delivered two State of the Nation addresses before the parliament in Jakarta. President Widodo expressed his optimism that the natural resources downstreaming policy will ultimately bring a positive impact to Indonesia’s economy and will increase Indonesia's per capita income by over twofold in the next decade. “This policy may be bitter for raw material exporters and for short-term state revenues. However, if the big ecosystem has been formed and the processing plants start to operate, it will bring a positive impact in the end," he remarked. Moreover, President Widodo remarked that based on calculations, Indonesia's per capita income is projected to reach Rp217 million, (EUR 14,350) in 15 years. Furthermore, in the next 22 years, Indonesia's per capita income is estimated to reach Rp331 million (EUR 22,706) if the government is consistent in continuing to apply the natural resources downstreaming policy. “As a comparison, in 2022, our per capita income was Rp71 million (EUR 4,213). It means that in 10 years, the jump could be more than two fold," he added. According to the president, the government had already implemented the downstreaming through technology transfer to utilise new and renewable energy sources while minimising the environmental impacts. He noted that the government had also obligated mining companies to build seedbeds to revive forests after becoming mining sites. Apart from the downstreaming of mineral commodities, the president is keen that Indonesia also conducts downstreaming for commodities, such as palm oil, seaweed, coconut, and other potential commodities. “It must optimise local sources and partner with farmers and fisheries MSMEs (micro, small, and medium enterprises) to bring real benefits to them,” he added.Link di fonte:https://setkab.go.id/en/president-jokowi-to-deliver-state-of-the-nation-address-speech-at-before-parliament/https://en.antaranews.com/news/291204/natural-resource-downstreaming-to-positively-impact-economy-jokowi (ICE GIACARTA)

Fonte notizia: Antaranews - 16 August 2023