West Sulawesi's Economic Growth Reaches 5 Percent, BPS Reveals Supporting Factors on TVRI

Mamuju – The Central Statistics Agency (BPS) of West Sulawesi Province (Sulbar) today, February 6 2024, explained the achievements of West Sulawesi's economic growth in 2023 which reached 5.25 percent. This was conveyed in the "West Sulawesi Today" program on TVRI West Sulawesi.

M. La'bi, BPS West Sulawesi Intermediate Expert Statistician, explained that West Sulawesi's economic growth was driven by the processing industry sector which experienced significant growth of 14.46 percent. This sector made a positive contribution of 1.54 points to overall economic growth.

This positive economic growth also has an impact on reducing the open unemployment rate in West Sulawesi. In August 2023, the open unemployment rate will fall to 2.27 percent.

Apart from that, BPS West Sulawesi also recorded a decrease in the percentage of poor people. In March 2023, the percentage of poor people in West Sulawesi will fall to 11.49 percent, and the extreme poor will fall to 0.75 percent.

"The impressive economic growth in West Sulawesi has had a positive impact on reducing the percentage of extreme poor," said La'bi.

BPS West Sulawesi sees great potential in the processing industry, coal and primary sectors such as agriculture, fisheries and plantations to encourage economic growth in the future.

"Innovation and collaboration between the government and the private sector can be the key to sustainable economic growth in West Sulawesi," concluded La'bi.