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🏢 Indonesia Aims for 6.5% Poverty Rate—While World Bank Cites 60% Living in Poverty 🏢
Indonesia’s government is setting its sights on sharply reducing poverty, even as the World Bank offers a far more sobering assessment.
🧾 Key Points:
1️⃣ Poverty Rate Goal: 6.5%–7.5% by 2026
Finance Minister Sri Mulyani told parliament that the government aims to slash the poverty rate to as low as 6.5% by 2026—down from the 7%–8% target set for 2025.
2️⃣ Unemployment Target: Under 5%
Open unemployment is projected to drop to between 4.44% and 4.96%, as part of broader economic goals.
3️⃣ Economic Projections
Indonesia forecasts GDP growth of 5.2%–5.8% in the near term, with inflation expected to remain at a manageable 3.5%.
4️⃣ Clashing Numbers: BPS vs. World Bank
Indonesia’s statistics agency (BPS) reported an 8.57% poverty rate as of September 2024. But the World Bank shocked many by estimating that 60.3% of Indonesians live below the international poverty line, reflecting deeper structural issues.
🔍 Why This Matters:
The vast disparity between domestic and global poverty figures reveals more than a statistical disagreement—it underscores fundamental differences in how poverty is defined and measured. With a new administration incoming, the spotlight is on how Indonesia plans to bridge that gap and deliver real progress.
#Write2Earn
#Indonesia
#Poverty
#Development
#Economy
$BTC
$ETH
$DOGE
Indonesia’s government is setting its sights on sharply reducing poverty, even as the World Bank offers a far more sobering assessment.
🧾 Key Points:
1️⃣ Poverty Rate Goal: 6.5%–7.5% by 2026
Finance Minister Sri Mulyani told parliament that the government aims to slash the poverty rate to as low as 6.5% by 2026—down from the 7%–8% target set for 2025.
2️⃣ Unemployment Target: Under 5%
Open unemployment is projected to drop to between 4.44% and 4.96%, as part of broader economic goals.
3️⃣ Economic Projections
Indonesia forecasts GDP growth of 5.2%–5.8% in the near term, with inflation expected to remain at a manageable 3.5%.
4️⃣ Clashing Numbers: BPS vs. World Bank
Indonesia’s statistics agency (BPS) reported an 8.57% poverty rate as of September 2024. But the World Bank shocked many by estimating that 60.3% of Indonesians live below the international poverty line, reflecting deeper structural issues.
🔍 Why This Matters:
The vast disparity between domestic and global poverty figures reveals more than a statistical disagreement—it underscores fundamental differences in how poverty is defined and measured. With a new administration incoming, the spotlight is on how Indonesia plans to bridge that gap and deliver real progress.
#Write2Earn
#Indonesia
#Poverty
#Development
#Economy
$BTC
$ETH
$DOGE
#CryptoCrackdown Indonesia’s Crypto Crackdown: Indonesia’s Bareskrim is using AI and blockchain to tackle crypto fraud, scams, and DeFi crime. Web3 security is stepping up.
#Web3 #Indonesia
#Web3 #Indonesia
Earlier this month I thought it was the Bitcoin halving, but it turns out it was my account that got halved ! 🤪
$SHIB
$BTC
#Bitcoin
#HalvingEffect
#indonesia
$SHIB
$BTC
#Bitcoin
#HalvingEffect
#indonesia
Breaking news
📢📢📢
Indonesian Crypto Exchange #indodax Hacked for $22 millions...
#btc #cryptocurrency #indonesia #cryptoashworld
📢📢📢
Indonesian Crypto Exchange #indodax Hacked for $22 millions...
#btc #cryptocurrency #indonesia #cryptoashworld
Is it normal to feel jealous of newcomers like $OMNI that run 3700% in a minute while others are struggling to survive this week?
what the *********xyz
$SHIB $BTC
#Binance
#HalvingEffect
#indonesia
what the *********xyz
$SHIB $BTC
#Binance
#HalvingEffect
#indonesia
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#starlink officially operates at #indonesia , officially opened directly by the owner, Elon Musk, who came directly to Denpasar, Bali, Indonesia. bringing fresh air for the progress and development of the internet in Indonesia. and today the price of coin trading has seen a significant increase. such as #BTC #ETH #BNB and others experienced an increase. This is very suitable for us to make sales. keep up the spirit friends.. $BTC $ETH $BNB
💰 Bitcoin Adoption in Indonesia is Booming! 🇮🇩
Forget Bali—crypto is spreading nationwide!
Bitcoin Indonesia just dropped a detailed map
showcasing the country’s growing Bitcoin ecosystem.
From Jakarta to Surabaya,
businesses, merchants, and investors
are embracing $BTC like never before.
✅ More merchants accepting Bitcoin
✅ Rising P2P trading volume
✅ Stronger grassroots adoption
This isn’t just a phase—it’s a movement.
How long before Indonesia becomes a global BTC hub?
Are you bullish on Bitcoin adoption in Asia?
Drop your thoughts below! 👇
#Bitcoin #CryptoAdoption #Indonesia #BTC #Web3
Forget Bali—crypto is spreading nationwide!
Bitcoin Indonesia just dropped a detailed map
showcasing the country’s growing Bitcoin ecosystem.
From Jakarta to Surabaya,
businesses, merchants, and investors
are embracing $BTC like never before.
✅ More merchants accepting Bitcoin
✅ Rising P2P trading volume
✅ Stronger grassroots adoption
This isn’t just a phase—it’s a movement.
How long before Indonesia becomes a global BTC hub?
Are you bullish on Bitcoin adoption in Asia?
Drop your thoughts below! 👇
#Bitcoin #CryptoAdoption #Indonesia #BTC #Web3
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SC: Timothy Ronald
Our country's volume is embarrassing even though the population is very large, it looks like a country with backward crypto even though the number of investors is more than 20 million, neighboring countries like Vietnam have a much lower volume with a much smaller population.
We must push Indonesia to critical mass where crypto literacy is getting higher, let's push crypto adoption together. Other countries all see us as low and small compared to them. Let's show them all🤝🔥$BTC $BNB $XRP #Write2Earn #timotyronald #asp #indonesia
Our country's volume is embarrassing even though the population is very large, it looks like a country with backward crypto even though the number of investors is more than 20 million, neighboring countries like Vietnam have a much lower volume with a much smaller population.
We must push Indonesia to critical mass where crypto literacy is getting higher, let's push crypto adoption together. Other countries all see us as low and small compared to them. Let's show them all🤝🔥$BTC $BNB $XRP #Write2Earn #timotyronald #asp #indonesia
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Trump Will Impose 25% Tariffs on Several Countries, What About Indonesia?
US President Donald Trump plans to impose 25% tariffs on Mexico and Canada starting February 1, accusing the two close neighbors of allowing illegal migrants and drugs into their countries.
"We're looking at 25% for Mexico and Canada, because they're letting a lot of people into the country. I think we'll do it on February 1st," Trump said after his inauguration on Monday (20/01).
Trump also indicated that he is still considering tariffs on all countries importing into the US, including Indonesia. However, the US President admitted that he is not ready for that.
"We're looking at 25% for Mexico and Canada, because they're letting a lot of people into the country. I think we'll do it on February 1st," Trump said after his inauguration on Monday (20/01).
Trump also indicated that he is still considering tariffs on all countries importing into the US, including Indonesia. However, the US President admitted that he is not ready for that.
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The Future of Cryptocurrency in Indonesia: Prabowo-Gibran's Support for Blockchain and Digital Innovation
The election of Prabowo Subianto as President and Gibran Rakabuming Raka as Vice President of Indonesia in the 2024 election who will be inaugurated tomorrow, October 20, 2024, has attracted great attention from the crypto and blockchain community. Both are seen as leaders who are ready to support the development of this industry in Indonesia. On several occasions, both Prabowo and Gibran have shown a commitment to digital innovation, including crypto and blockchain, which are considered important future sectors for the Indonesian economy.
Project Garuda takes flight: First phase of Indonesia’s Digital Rupiah achieved
Bank Indonesia has completed the Proof of Concept (PoC) for its Wholesale Rupiah Digital Cash Ledger.
This initiative advances the country’s Central Bank Digital Currency (CBDC) development through Project Garuda.
Bank Indonesia Governor Perry Warjiyo announced that the central bank has completed the “Immediate State,” representing the first phase of the Rupiah Digital exploration journey.
The development aligns with the bank’s mandate as Indonesia’s sole currency issuer and responds to the rapid growth of the digital financial economy.
“This achievement is a manifestation of Bank Indonesia’s commitment to the development of the Rupiah Digital in response to the rapid growth of the digital financial economy,” Warjiyo stated in the official report.
According to Bank Indonesia economist Fransiskus Xaverius Tyas Prasaja, the PoC validated the required technical capabilities using distributed ledger technology (DLT). The testing phase showed that DLT-based solutions could effectively meet the requirements of the Rupiah Digital business model.
The technical implementation involved testing across two DLT platforms: Corda, developed by R3, and Hyperledger Besu, developed by Kaleido. Both platforms were tested through 55 scenarios, focusing on three core business processes: issuance, redemption, and fund transfer.
The PoC revealed that the DLT platforms successfully integrated with conventional systems using existing standards and the ISO 20022 standard. Smart contracts showed better transaction efficiency and flexibility for future Rupiah Digital development.
The central bank’s whitepaper, “Project Garuda: Navigating the Rupiah Digital Architecture,” states two remaining phases – the Intermediate State and End State – in Indonesia’s CBDC development roadmap.
#Indonesia #CryptoIndonesia #Indonesian
Bank Indonesia has completed the Proof of Concept (PoC) for its Wholesale Rupiah Digital Cash Ledger.
This initiative advances the country’s Central Bank Digital Currency (CBDC) development through Project Garuda.
Bank Indonesia Governor Perry Warjiyo announced that the central bank has completed the “Immediate State,” representing the first phase of the Rupiah Digital exploration journey.
The development aligns with the bank’s mandate as Indonesia’s sole currency issuer and responds to the rapid growth of the digital financial economy.
“This achievement is a manifestation of Bank Indonesia’s commitment to the development of the Rupiah Digital in response to the rapid growth of the digital financial economy,” Warjiyo stated in the official report.
According to Bank Indonesia economist Fransiskus Xaverius Tyas Prasaja, the PoC validated the required technical capabilities using distributed ledger technology (DLT). The testing phase showed that DLT-based solutions could effectively meet the requirements of the Rupiah Digital business model.
The technical implementation involved testing across two DLT platforms: Corda, developed by R3, and Hyperledger Besu, developed by Kaleido. Both platforms were tested through 55 scenarios, focusing on three core business processes: issuance, redemption, and fund transfer.
The PoC revealed that the DLT platforms successfully integrated with conventional systems using existing standards and the ISO 20022 standard. Smart contracts showed better transaction efficiency and flexibility for future Rupiah Digital development.
The central bank’s whitepaper, “Project Garuda: Navigating the Rupiah Digital Architecture,” states two remaining phases – the Intermediate State and End State – in Indonesia’s CBDC development roadmap.
#Indonesia #CryptoIndonesia #Indonesian
💰 Bitcoin Indonesia 🇮🇩 has unveiled a map showcasing the vibrant Bitcoin adoption across the country, proving there’s a thriving crypto ecosystem beyond Bali 🏝️
#Bitcoin #Indonesia #CryptoSummit #GPSonBinance
$LTC $LINK $BNB
#Bitcoin #Indonesia #CryptoSummit #GPSonBinance
$LTC $LINK $BNB
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This is the total profit earned by all crypto investors based on traders in the world in 2023 is $37.6 billion. What fantastic value.
The country of Indonesia is ranked 5th, it's appropriate that now many people are secretly rich 🤭 and it's appropriate that taxes on crypto are increased and traders are now required to report taxes 😅
#indonesia #IndonesiaCrypto #investasi
$BTC $ETH $BNB
The country of Indonesia is ranked 5th, it's appropriate that now many people are secretly rich 🤭 and it's appropriate that taxes on crypto are increased and traders are now required to report taxes 😅
#indonesia #IndonesiaCrypto #investasi
$BTC $ETH $BNB
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imagine Mr Prabowo buying $BTC 1T with his wealth, Altcoin skyrocketing #supermegacycle #asp #timotyronald #kalimasada #indonesia
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once wrote in Indonesian.
Who is from Indonesia?
Sign in here and write where you come from. friendship in the month of Ramadan
#IndonesiaCrypto #indonesia
Who is from Indonesia?
Sign in here and write where you come from. friendship in the month of Ramadan
#IndonesiaCrypto #indonesia
🔶️😇 GM Binancians , Bitcoiners 🙋♀️
📸 is taken in Fintech #Indonesia 🇮🇩 yesterday #CZ speaking live and wearing the traditional #batik clothes 😀
📸 is taken in Fintech #Indonesia 🇮🇩 yesterday #CZ speaking live and wearing the traditional #batik clothes 😀
This isn’t just a pile of rocks—it's a time bomb for history books.⏳
Something like $BTC that was created and was waiting for it to be found and went into the history books
Gunung Padang, Indonesia.
New dating suggests it could be 27,000 years old.
That’s older than Göbekli Tepe. Way older. If true, it means advanced civilizations may have existed long before we ever imagined.
#HISTORY #Indonesia $GMT
Something like $BTC that was created and was waiting for it to be found and went into the history books
Gunung Padang, Indonesia.
New dating suggests it could be 27,000 years old.
That’s older than Göbekli Tepe. Way older. If true, it means advanced civilizations may have existed long before we ever imagined.
#HISTORY #Indonesia $GMT
GMT/USDT
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Indonesia Temporarily Suspends Sam Altman's World Eye-Scanning Project: The Biometric Mystery Behind?
Indonesian authorities have suspended the operation of the World project – a biometric data scanning initiative led by Sam Altman, CEO of OpenAI – due to concerns over licensing. Could this be a major setback for the future of biometric recognition technology in crypto? Let's analyze in detail.
World Project Suspended: Serious Violations
Indonesian regulators have temporarily halted the operations of World – previously known as #Worldcoin – citing “serious” violations of local regulations. Alexander Sabar, Director of the Digital Space Monitoring Agency, stated that this decision stemmed from “suspicious activities” and aimed to “prevent potential risks to the community.” According to the announcement, the subsidiary PT Terang Bulan Abadi, which operates World in Indonesia, has not registered as an Electronic System Organizer (PSE) and lacks the Electronic System Organizer Registration Certificate (TDPSE) as required by law. Instead, World is using the TDPSE of another legal entity, PT Sandina Abadi Nusantara. Both companies have been summoned to clarify the violations.
World Project Suspended: Serious Violations
Indonesian regulators have temporarily halted the operations of World – previously known as #Worldcoin – citing “serious” violations of local regulations. Alexander Sabar, Director of the Digital Space Monitoring Agency, stated that this decision stemmed from “suspicious activities” and aimed to “prevent potential risks to the community.” According to the announcement, the subsidiary PT Terang Bulan Abadi, which operates World in Indonesia, has not registered as an Electronic System Organizer (PSE) and lacks the Electronic System Organizer Registration Certificate (TDPSE) as required by law. Instead, World is using the TDPSE of another legal entity, PT Sandina Abadi Nusantara. Both companies have been summoned to clarify the violations.
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