Did Jakarta's Economy Improve Under Anies Baswedan's Leadership?

Economics & Macro

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Viva Budy Kusnandar 12/09/2022 17:40 WIB

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Jakarta's economic growth towards the end of Governor Anies Baswedan's term was lower than at the beginning of his tenure.

Jakarta's Economic Growth Under the Leadership of Anies Baswedan (2017-First Half of 2022)

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Jakarta's Economic Growth Under the Leadership of Anies Baswedan (2017-First Half of 2022)

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Anies Baswedan was inaugurated as the Governor of Jakarta on October 16, 2017, and his term will end in mid-October 2022. So, how has the capital's economy performed during Anies's leadership?

Towards the end of Anies's term, Jakarta's economy grew by 5.11% in the first half of 2022 compared to the first half of 2021 (cumulative to cumulative/c-to-c). This achievement is better than the economic growth of Jakarta during the pandemic, which contracted by 2.39% in 2020 and grew by 3.56% in 2021.

The community activity restriction policies implemented to curb the spread of Covid-19 did severely damage the Indonesian economy, including that of Jakarta. The halt in public activity caused the economy to contract in the first year of the pandemic.

The economic performance of the capital city towards the end of Anies's leadership, namely in the first half of 2022, is still lower than before the pandemic, when it grew by 5.82% in 2019.

The economic performance at the end of Anies's leadership is also lower than at the beginning of his term, when Jakarta's economy recorded growth exceeding 6% in 2017 and 2018.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Did Jakarta's Economy Improve Under Anies Baswedan's Leadership?

Did Jakarta's Economy Improve Under Anies Baswedan's Leadership?

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