Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto, has touted the Indonesia-EU CEPA as a potential 'game changer' for the economy, with 90% of tariff lines set for zero tariffs.

Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the current weakening of the Rupiah is unlike past crises. The Indonesian Rupiah has recently strengthened to Rp17,696 per US Dollar after experiencing some volatility.

Indonesian President-elect Prabowo Subianto has summoned Airlangga Hartarto and Purbaya Yudhi Sadewa to the palace for a meeting this afternoon.

Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted solar power as a key priority for Indonesia's transition to a green industry.

Indonesia's economic growth is projected to exceed 5.3% this year, according to Minister Airlangga Hartarto. However, this growth is not yet matched by sufficient labor absorption within the country.

Coordinating Minister Airlangga Hartarto stated that the proposed Bali location for the Indonesian International Financial Center (PFII) is currently under review.

Indonesian Coordinating Minister Airlangga Hartarto stated that the weakening of the Rupiah is not an isolated incident, as other global currencies are also experiencing declines.