What measures is President Joko taking to revive investor confidence?
Indonesia's Growth Slows as Bar Rises for Widodo
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The video discusses Indonesia's economic slowdown due to falling global commodity prices, with GDP growth in the third quarter being the weakest since the global financial crisis. Exports have significantly contributed to this slowdown. President Joko is under pressure to implement economic reforms to shift focus from commodity exports to manufacturing. The Central Bank predicts GDP growth to be between 5.1% and 5.5% by year-end, but warns of potential stagnation if fuel prices rise.
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What is the Central Bank's prediction for GDP growth in the upcoming year?
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