5% Growth Target Still Achievable, Says Indonesia Finance Minister

5% Growth Target Still Achievable, Says Indonesia Finance Minister

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Interactive Video

Business, Social Studies

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does investor confidence play in Indonesia's economic recovery?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What reforms are being considered to improve Indonesia's investment climate?

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