Indonesia’s economic growth has remained steady at around 5% annually since 2022. Inflation in November 2024 stood at just 1.55% year-on-year (yoy), reflecting the country’s stable economic conditions. These achievements set a strong foundation for Indonesia’s development acceleration targets in 2025 and the coming five years. Regionally, Central Sulawesi’s economy surged by 9.08% (yoy) in Q3 2024, marking it as the second-highest growth rate in Indonesia. Inflation in October was well-managed at 1.91% (yoy), while rice prices in the province remained stable during the same period.
Fiscal performance in Central Sulawesi also showed strong results. As of November 29, 2024, revenue realization reached IDR 10.83 trillion (81.45% of the target), comprising tax revenue of IDR 9.89 trillion (78.07% of the target) and non-tax state revenue (PNBP) of IDR 943.46 billion (143.86% of the target). State spending amounted to IDR 23.43 trillion, or 85.79% of the budget allocation, reflecting an 8.78% increase compared to the same period last year. Support for micro, small, and medium enterprises (MSMEs) through People’s Business Credit (KUR) and Ultra Micro Financing (UMi) reached IDR 3.15 trillion and IDR 88.9 billion, respectively.

Source: https://www.rri.co.id/daerah/1197000/ekonomi-sulteng-triwulan-tiga-2024-tertinggi-ke-2-se-indonesia