Prabowo Says Nationalism Fuels Lasting Economic Growth

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TEMPO.CO, Jakarta - Indonesian President Prabowo Subianto emphasized that a country's economic growth cannot sustain itself without strong stimulus and support from the spirit of nationalism across all walks of life.

"The nature of a modern economy is that it doesn't progress or develop by itself. Growth is stimulated and sustained by nationalism," said President Prabowo Subianto, quoting the economic theory of sociologist Professor Liah Greenfeld in Bandar Lampung on Wednesday, June 10, 2026.

Prabowo made this statement while addressing the participants of the 18th National Conference of the Indonesian Young Entrepreneurs Association (HIPMI).

According to Prabowo, such a principle has been adopted by countries with major economic powers, citing Japan the United States, Western Europe, and China.

Prabowo also recalled the history of HIPMI's founding, which was inseparable from the spirit of nationalism. He noted HIPMI plays a significant role in producing leaders in the national community and economy.

Therefore, Prabowo urged young domestic entrepreneurs to cultivate a patriotic spirit in running their businesses.

He highlighted the phenomenon of domestic capital outflow to overseas markets, which has persisted for decades.

The President asked entrepreneurs to invest their profits and savings domestically to help underprivileged communities. Prabowo emphasized that this value of mutual cooperation is a key to national revival.

Indonesia also aims to become the fourth largest economic power in the world by 2045 through strengthening industry and utilizing the domestic market independently, according to Prabowo.

Read: Prabowo: Indonesia to Reach Energy Self-Sufficiency by 2029

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