Mahkatop
Mahkatop — Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, proudly announced that Indonesia currently leads the world in the number of unicorn and decacorn companies. This notable achievement is credited to a series of government initiatives, notably the integration of digital economies within ASEAN through the Digital Economic Agreement Framework (DEFA).
Launched during ASEAN’s Chairmanship in 2023, DEFA aims to stimulate investment, foster innovation, boost productivity, create jobs, and empower Micro, Small, and Medium Enterprises (MSMEs). The framework also includes regional payment system integration via Local Currency Settlement (LCS) policies and the adoption of the QRIS (Quick Response Code Indonesian Standard), facilitating seamless cross-border transactions in local currencies.
Projections for ASEAN’s digital economy indicate substantial growth potential, with estimates suggesting it could reach USD 1 trillion by 2030 and potentially doubling to USD 2 trillion through DEFA’s implementation. Airlangga Hartarto emphasized the critical importance of data security in this era of digital transformation, underscoring Indonesia’s trajectory towards achieving developed nation status by 2045.
With a stable national economic growth rate of around five percent and effective inflation control, Indonesia is optimistic about realizing these ambitions. By 2045, the population is projected to reach approximately 320 million people, with a per capita income of about USD 26,000, and the overall economy expected to expand to USD 9 trillion.
The Indonesian government remains steadfast in enhancing the performance of various economic growth engines, particularly within the digital sphere, to ensure the realization of these targets and bolster its position as a global leader in unicorn and decacorn companies. (*)
