Indonesia's slow-moving bureaucracy weighs on Widodo’s economic reforms


JAKARTA: When Indonesian President Joko Widodo summoned his economy ministers to the palace this week to discuss growth slumping to its lowest level since 2009, they weren't the only ones to show up.

Dozens of senior figures from Widodo's political party arrived to make their views heard after data showed Southeast Asia's largest economy is smaller, in real terms, than when he took office in October.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

MIDA appoints Sikh Shamsul Ibrahim as CEO
Bursa Malaysia continues downtrend with over 1,000 counters in red
Asian bonds see first monthly outflow in five on easing US rate-cut hopes
CTOS, airasia academy team up to empower SMEs through strategic business education
Indonesia intervenes to stem rupiah's slide after currency hits 4-year low
Top-notch brands make beeline for Shanghai
Oil prices rise on China growth, Middle East tensions
UK wage growth slows slightly as Bank of England mulls rate cuts
Amundi to get 26% stake in Victory in exchange for US business
Gold hovers near record high on growing geopolitical concerns

Others Also Read