Indonesia

🏢 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
$BTC
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$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

Breaking news
📢📢📢

Indonesian Crypto Exchange #indodax Hacked for $22 millions...

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Earlier this month I thought it was the Bitcoin halving, but it turns out it was my account that got halved ! 🤪
$SHIB
$BTC

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#HalvingEffect
#indonesia

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

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#indonesia

https://safu.im/fsYXyeCc
#2024
#ramadhan
#indonesia

#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

let's see the final result $PEOPLE #Write2Earn #asp #timotyronald #kalimasada #indonesia $BTC $XRP

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

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

imagine Mr Prabowo buying $BTC 1T with his wealth, Altcoin skyrocketing #supermegacycle #asp #timotyronald #kalimasada #indonesia

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

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

🔶️😇 GM Binancians , Bitcoiners 🙋‍♀️

📸 is taken in Fintech #Indonesia 🇮🇩 yesterday #CZ speaking live and wearing the traditional #batik clothes 😀

💰 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

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