5% Growth Target Still Achievable, Says Indonesia Finance Minister

The transcript discusses Indonesia's economic challenges and prospects amid the COVID-19 pandemic. It highlights the impact of renewed restrictions in Java and Bali on economic growth, with hopes for a 5% growth target in 2021. The global economic landscape, including risks from Europe and growth in China, is considered. The budget deficit and revenue pressures are addressed, with a focus on commodity prices and export activities. The need for investment climate improvements and reforms, such as the job creation omnibus law, is emphasized to realize Indonesia's potential.

What is the expected economic growth target for Indonesia in 2021 despite the pandemic challenges?

• 3%

• 4%

• 5%

• 6%

Which region is expected to experience strong growth in 2021, potentially impacting Indonesia's economy?

• Europe

• China

• North America

• Africa

What is one of the main challenges affecting investment growth in Indonesia?

• Lack of skilled labor

• Political instability

• Cautious banking practices

• High inflation rates

What was the decline in national revenue for Indonesia in 2020?

• 16.7%

• 12.3%

• 19.6%

• 10.5%

What reform is mentioned as part of Indonesia's efforts to improve its investment climate?

• Education reform

• Healthcare reform

• Job creation omnibus law

• Tax reform