West Papua Update Edisi 2 English

The Increasing Trend of the West Papua Economy

The achievement of West Papua’s economic development in 2016, which grew by 4.52 percent, is higher than the 2015 economic growth of 4.15%.

This was confirmed by the Regional Secretary of West Papua Province, Drs. Nathaniel Mandacan as reported by Media papua.

Based on the results of the 2016 Economic Census, he assessed that macro stability was maintained with the inflation rate in April 2017 recorded at 3.78%, accompanied by improvements in people’s welfare.

We should be grateful for the various achievements and economic growth. As a relatively new province, West Papua needs to grow faster and with quality.

The achievement of West Papua’s economic development in 2016, which grew by 4.52 percent, is higher than the 2015 economic growth of 4.15%. This was confirmed by the Regional Secretary of West Papua Province, Drs. Nathaniel Mandacan as reported by Media papua.

Based on the results of the 2016 Economic Census, he assessed that macro stability was maintained with the inflation rate in April 2017 recorded at 3.78%, accompanied by improvements in people’s welfare. “We should be grateful for the various achievements and economic growth.

As a relatively new province, West Papua needs to grow faster and with quality. Because it will have an impact on efforts to eradicate poverty and inequality. In addition, to ensure an increase in the availability of job opportunities and community welfare on a par with other provinces in Indonesia,” he explained in Manokwari. According to him, there has been a decrease in poverty rates (from 25.43% in March 2016 to 24.88% in September 2016), inequality (Gini Ratio of 0.401 in September 2016) and unemployment (Open Unemployment Rate or TPT of 7.46 in August 2016 ) and an increase in HDI to 62.21 in 2016.

He added that the change in the national development paradigm from being consumptive to productive, from being Java-centric to being Indonesia-centric, has also underpinned the formulation of government policies in the economy. This has also been confirmed by the 2016 Economic Census Data which shows that companies/companies in Indonesia are still standing on the island of Java (16.22 million or more than 60%) located on the island of Java.

The number of businesses/companies in West Papua as a result of the SE 2016 listing, was 73.7 thousand companies or only 0.28% of the total businesses/companies in Indonesia (26.71 million companies) and 0.45% of the total businesses/companies in Java.

For this reason, improving the quality of APBD expenditures and increasing the portion of infrastructure spending that has been carried out since 2015 until now will continue to be carried out as a concrete form of the local government’s commitment. Certainly, this is not enough to encourage more inclusive economic growth and create greater and more equitable job opportunities throughout the West Papua region,” said the Secretary of State.

He said, in order to achieve optimal and well-targeted targets, data plays a strategic role as the basis for policy formulation. According to him, accurate data determines how effective the results of the government’s development program are. If the output is from the 2016 Economic Census (SE), then in order to continue to encourage investment, encourage economic growth, to increase West Papua’s competitive advantage, in the future there will be many policies in the economic sector that will be based on existing data, “he said.