Jokowi seeks more spending as Indonesia targets higher growth

The coming days may bring more deals. Jokowi(pic), as the president is more commonly known, hosted Abu Dhabi

JAKARTA: Indonesian President Joko Widodo (Jokowi) called for an increase in capital spending to bolster growth as a slowing global economy, the US-China trade war and rising oil prices pose risks to South-East Asia’s largest economy.

Chairing the second cabinet meeting in two days, Jokowi, who is on course for a second five-year term, laid out his budget priorities for next year. The president sought to boost investment and exports to sustain economic growth, while underscoring the importance of continuing the infrastructure drive that was a key plank of his first term and development of human resources as a “top priority”.