MPR: Indonesia's Digital Economy Must Be Able to Adapt to Global Changes

The Deputy Chairperson of the MPR RI Lestari Moerdijat said that the readiness of Indonesia’s digital economy must be studied comprehensively, especially in the field of education and the readiness of the community and government to be able to adapt to the impact of the global crisis.

“Global economic dynamics that affect every country must be faced with the ability to adapt to maintain domestic economic stability, through the use of the digital economy,” said Lestari Moerdijat when giving a speech at the Denpasar 12 Discussion Forum virtually, Wednesday (21/9).

Lestari continued, the readiness of the digital economy does not only demand the infrastructure, but also requires the readiness of its human resources, supporting policies and security for the digital itself.

“This readiness must collaborate with each other to strengthen each other in responding to current digital economic developments,” he said.

On the same occasion, the Special Staff of the Minister of Communication and Information for Digital and Human Resources, Dedy Permadi, said that the potential of the digital economy in the global, regional, and national level is currently showing a very large impact.

In global projections, the valuation of the global digital economy is projected to reach US$23 trillion by 2025, equivalent to 24.3% of total global GDP.

As for the national digital potential, in 2021 Indonesia will record a digital economy valuation of US$70 billion or equivalent to around Rp1,000 trillion. In 2025 the valuation of Indonesia’s digital economy is projected to grow to US$146 billion.

“If we project further, in 2030 the projection of Indonesia’s digital economy can reach IDR 4,500 trillion or equivalent to US $ 315 billion and that’s a huge potential,” he said.

In this case, continued Dedy, the government will continue to strive to strengthen people’s digital literacy to the expansion of digital infrastructure to support digital economic growth in Indonesia.

Then, Director of Cybersecurity and Passwords for Finance, Trade and Tourism, National Cyber and Crypto Agency (BSSN) Edit Prima said, with the current development of the digital economy, of course, attacks on internet traffic used are also increasing.

“In 2022 in March, the number of anomalous internet traffic attacks reached 111.160 million. If you break down further, the classification is mostly almost 40 million, out of 111.160 million are malware,” he said.

In this case, BSSN will continue to strive to strengthen the cyber security system for digital economy actors and the public, so that the economic and social potential of the existing digital sector can be continuously developed.

Furthermore, Chairman of the Association of Indonesian Digital Leaders Ignasius DA Sutapa said that current conditions are like two sides of a coin, there are economic opportunities from technological advances, but on the other hand, cyber attacks are also high.

Then, the great potential in using technology in the economic sector is also not accompanied by the readiness of business actors to take advantage of the digital economy to seize these opportunities.

According to Ignasius, only 30% of Indonesians have digital literacy, while financial inclusion has reached 76%. This condition certainly presents a large potential risk.

“In this case, it is necessary to increase people’s digital literacy so that financial inclusion can grow well. In addition, modernization of regulations is also needed to support digital economic growth nationally,” said Ignasius.

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