Thursday, 07 August 2025 11:33

NTT’s Economy Grows 5.44%, Boosted by Agriculture and Export Performance

Nusa Tenggara Timur (NTT) recorded a solid economic growth of 5.44% year-on-year in Q2 2025, an improvement from the previous quarter’s 4.55%. The growth was driven by a strong performance in agriculture, forestry, and livestock—growing 7.08%—due to increased food crop and livestock production. This boost also elevated trade and exports, which surged by 12.90% and 39.89% respectively. Household consumption rose 3.255, supported by controlled inflation at 3.03%, helping maintain purchasing power.

Bank Indonesia’s NTT office emphasized that this progress stems from a dual strategy: human resource capacity building through Good Agricultural Practices and accelerated agricultural mechanization. Key support included machinery, tools, and superior seeds. These initiatives, covering rice, corn, coffee, salt, fisheries, and shallots, were further enhanced by export agreements and business matchmaking. Notably, a collaboration with East Java for moringa leaves reached over IDR 3 billion in transactions. Future plans aim to deepen partnerships, including with Timor Leste, and stimulate private investment.

Source: https://www.nttmediaexpress.com/ekonomi/42415682333/ekonomi-ntt-tumbuh-544-persen-produksi-pertanian-dan-ekspor-meningkat

 

 

platinum sponsor panel

piaggio logovfs global banner

institution partner panel2 

embassy of italy logoinstituto italianoita logo

business partners panel2

emabssy indonesia rome  kadin indonesia logo  eibn logo  iccs ibai logo  aidc logo  appmi logo