In 2014 Indonesia elected a new president, Joko Widodo – a development of significant interest to both national and regional stakeholders, as well as global investors and economists. A self-made businessman whose background and policies have resonated with Indonesians, Widodo ran on a platform that included cracking down on corruption, improving the quality of life outside the...
Articles & Analysis | Subsidy cuts create fiscal space to boost infrastructure spending in Indonesia from The Report: Indonesia 2015
Articles & Analysis | Indonesia's government focuses on FDI and reducing the current account and trade deficits from The Report: Indonesia 2015
A key goal of Indonesia’s new president, Joko Widodo, is to boost GDP growth to 7% during his tenure, after it fell to a five-year low of 5.02% in 2014. He will face several challenges in this endeavour. Oil and gas revenues have declined on the back of a drop in prices, while falling global prices for other commodities have translated into weaker demand for Indonesian exports...
Articles & Analysis | Indonesia's prudent policies get a helping hand from global markets from The Report: Indonesia 2015
In a momentous development for the country, the newly elected president, Joko Widodo, followed through on campaign promises to do away with fuel subsidies in Indonesia. In addition to a 30% petrol price hike unveiled in November 2014, the new administration announced it would eliminate the majority of support beginning in 2015, ending a 48-year-old programme that cost the...
Interviews & Viewpoints | Ngalim Sawega, Chairman and Executive Director, Indonesia Eximbank: Interview from The Report: Indonesia 2015
Articles & Analysis | Oil prices impact Indonesia's trade balance from The Report: Indonesia 2015
Following a few challenging years that saw Indonesia’s trade balance fall into the red for the first time in years, the country’s trade deficit is rapidly shrinking in the wake of a decline in global oil prices. Although it reached nearly $2bn in 2014, the deficit still stood at less than half its 2013 level, while modest surpluses in early 2015 indicate the nation is...
Chapter | Table of Contents from The Report: Indonesia 2015
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