(AseanAll)  — Indonesian President Prabowo Subianto on March 20,2025 expressed optimism over Indonesia’s economic capability amidst global dynamics.

The statement was made by the President after inaugurating Batang Industropolis special economic zone, in Batang regency, Central Java province.

The President also said that Indonesia has robust and stable economic fundamentals.

“I think we will see better and stronger economic fundamentals. Even though there are economic turbulences here and there, we have robust fundamentals,” he said in a press statement.

On that occasion, he also said that the Government has been taking several measures to ensure price stability prices of basic necessities ahead of Eid al-Fitr and the smooth flow of mudik (annual Eid homecoming).

He went on to say that fares for various modes of transportation, such as airline tickets, train tickets, and toll road fees, have been lowered to support the comfort of the public during the mudik trip.

President Prabowo also affirmed the Government’s commitment to encouraging national economic efficiency by simplifying bureaucracy and scrapping complicated regulations.

“We are striving to simplify bureaucracy and scrap complicated regulations. We aim for our economy to be efficient, efficient, efficient. Though efficiency, we will be able to compete, enhance our competitiveness, and we will quickly progress towards becoming a prosperous nation,” he concluded.