Indonesian Minister of National Development Planning Speaks on Inclusive Development during G20 SSTC Side Event

Nov 18, 2022 | News

16 November 2022: Indonesia’s Minister of National Development Planning Suharso Monoarfa voiced inclusive development in the South-South and Triangular Cooperation Forum held in Bali as a side event of the G20 Leaders Summit. This idea is considered a solution to deal with overlapping global problems. “The International Monetary Fund projects that the inflation rate in 2022 in developed countries will reach 6%. This figure is the highest in four decades, and close to 9% in developing countries,” said the Minister.

 

Apart from the economic crisis, the Minister also said that COVID-19, global supply chain disruptions and climate change were problems the world was currently facing.

“We have witnessed that the widening development gap does not only occur between countries but also within countries,” said the Minister. “Increasing inequality in developing countries is being affected by the severe loss of income and disruption of jobs experienced by vulnerable groups especially in Latin America and the Caribbean, as well as Sub-Saharan Africa,” he continued.

According to him, the major development setback is hampering efforts to accelerate the full implementation of the 2030 Agenda for Sustainable Development. Responding to various existing problems, the Minister emphasized that business as usual is no longer the solution to address global and cross-sectoral problems.

“Continuous recovery is needed to build resilient communities. Therefore, there is an urge to set our attention beyond just promoting growth to inclusive development,” he said. According to him, creating inclusive growth only focuses on increasing income. While inclusive development consists of various comprehensive dimensions.

“Inclusive development focuses on the distribution of wealth in society as a whole. Inclusive development also refers to the transformation of the production economic structure, namely increasing the share of industry and services from an agricultural basis,” he said. The Minister said that inclusive development also refers to increasing social indicators of health and education, including life expectancy, maternal and infant mortality rates, literacy rates, and education levels.


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