Minister Outlines Plan to Boost Bali's Creative and Digital Economies
What happened
National Development Planning Minister Rachmat Pambudy outlined a vision to transform Bali into an international hub for Indonesia's creative and digital economies. This initiative aims to diversify the economy by leveraging local culture and youth-driven innovation alongside the established tourism sector. The plan is aligned with the 2025–2029 National Medium-Term Development Plan.
From antaranews.com
Why it matters
The government aims to increase the creative economy's contribution to gross domestic product from 7.38 percent to over 8 percent. Additionally, the digital economy's share is targeted to rise from approximately 9 percent to between 12 and 13 percent. This vision is supported by a projected creative economy investment of Rp9.9 trillion in 2025.
From antaranews.com
Who's involved
- Rachmat PambudyOutlined the vision for Denpasar's economic transformation.
- DenpasarThe city targeted for becoming an international creative and digital hub.
- Ministry of National Development PlanningThe ministry under which Rachmat Pambudy holds a leadership role.
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The entities involved
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Denpasar
city in Bali Province, Indonesia
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Rachmat Pambudy
Indonesian politician
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