For subscribers
Extractive-led economic growth fuels Indonesia’s environmental crisis
Sign up now: Get insights on Asia's fast-moving developments
Indonesia President Prabowo Subianto has boasted the goal of 8 per cent GDP growth by the end of his term in 2029.
PHOTO: SCREENGRAB FROM SEKRETARIAT PRESIDEN/YOUTUBE
JAKARTA - The ambition from Indonesian President Prabowo Subianto’s administration to increase the country’s economic growth to 8 per cent through expanding extractive business may risk accelerating environmental degradation and widening social injustice, the Indonesian Forum for the Environment (WALHI) has warned.
Since taking office in October 2024, Mr Prabowo has boasted the goal of 8 per cent gross domestic product growth by the end of his term in 2029 – a target met by scepticism among economists over its feasibility.
