Indonesia growth: 5% is not good enough

Mirza Adityaswara, senior deputy governor at the country's central bank, tells FinanceAsia the budget needs to be re-allocated to achieve 7% growth target.

Indonesia growth: 5% is not good enough

Indonesia’s president-elect Joko “Jokowi” Widodo has promised GDP growth of 7% by 2019. However, infrastructure is in a parlous state, commodity prices  the country’s main export  are falling and an impending cut to fuel subsidies could prove a hot potato. Mirza Adityaswara, senior deputy governor at Bank Indonesia, the country’s central bank, told FinanceAsia at BI’s Jakarta offices what needs to be done to fulfill the country’s oft-touted potential.

...

To continue reading, please login or register for free

Click for more on: indonesia | economy | banks

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...