Improving economic circumstances and the expansion of government health insurance coverage look set to drive growth in Indonesia’s pharmaceuticals sector, as the launch of new projects boosts the domestic production capacity of medicines.
Indonesia
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Strong growth in the domestic and foreign travel market, combined with a commitment to boosting capacity as part of large-scale transport infrastructure development, is driving investment in Indonesia’s aviation sector.
After achieving a foreign trade surplus last year on the back of strong demand for minerals and agricultural products, Indonesia is looking to sustain growth by building ties with new markets, as well as deepening relationships with existing partners.
Articles & Analysis | Trillions declared through Indonesia's tax amnesty programme from The Report: Indonesia 2018
After long-term struggles to meet tax collection targets, the government rolled out a bold tax amnesty initiative in 2016. The programme – eliminating criminal prosecution and large back tax bills, and offering lower tax rates on hidden assets – has been successful, as trillions of rupiahs of onshore and offshore assets and income have been...
Articles & Analysis | Improved fiscal management and oil prices raise Indonesia's bottom line from The Report: Indonesia 2018
Authorities have considerably reduced the current account deficit, which fell to historic lows in 2016. Improved fiscal management led to global ratings agency Standard & Poor’s upgrading Indonesia’s sovereign credit rating in May 2017, which should encourage greater capital inflows. Meanwhile, a gradual rise in commodities prices will...
Interviews & Viewpoints | Jim Yong Kim, President, World Bank Group: Interview from The Report: Indonesia 2018
What measures and policies can further support Indonesian GDP growth in the coming years?