The economic landscape of North Maluku (Malut) continues its remarkable momentum, reporting a high and controlled growth rate, reaching an impressive 39.10% in Q3 2025. This exceptional performance, highlighted during the 2025 Bank Indonesia (BI) Annual Meeting, is predominantly powered by the industrial processing sector, specifically the successful downstreaming of nickel, which accounts for 95% of the region’s total exports. Furthermore, financial stability is maintained with inflation well-managed at 1.89% year-on-year in November 2025, remaining within the government's target range. To ensure this economic stability translates into widespread prosperity, the Provincial Government and BI are deepening their synergy, focusing on joint strategies for resilient and inclusive development.
Despite these high economic figures, Vice Governor Sarbin Sehe emphasized that the full realization of development has yet to be equally felt by the broader community, noting the under-optimization of other key sectors. In response, the local government has committed to a strategic shift: reducing reliance on finite natural resources and actively commencing development in the agricultural sector, specifically coconut commodities. The long-term plan calls for a transition toward sustainable avenues like tourism, spice culinary heritage, and human resource development, ensuring a robust and equitable future economy for North Maluku.
