The economic growth prospects for East Kalimantan (Kaltim) are seen as promising, with notable improvements expected throughout 2024. Bayuadi Hardiyanto, Deputy Head of Bank Indonesia's (BI) East Kalimantan Representative Office, projected that the province's economy would close the Year of the Wood Dragon with a growth rate ranging from 5.50% to 6.30% year-on-year (YoY). "East Kalimantan's economy continues to show significant improvement," he said in an official statement, quoted on Monday (December 2, 2024). However, he stressed the importance of remaining vigilant against global dynamics that could impact inflation stability, with a national target of 2.5±1% by 2025. He also highlighted the key role of the Regional Inflation Control Team (TPID) in maintaining price stability.
Meanwhile, Deni Sutrisno, Acting Assistant for General Administration of the East Kalimantan Provincial Secretary, revealed four key pillars for the province's economic policy direction. "First, we need to strengthen collaboration across various sectors. Second, economic digitalization is a path to efficiency and innovation. Third, improving human resources quality is key to competitiveness," he stated. He also emphasized that sustainable development would remain a shared long-term goal for the province.
