President Joko Widodo Targets $7 Trillion Indonesia Economy By 2045

The country’s per-capita income is expected to be lifted to 320 million rupiah ($22,656) by 2045.

Ismawati Asmat

21 Oct, 2019

President Joko Widodo Targets $7 Trillion Indonesia Economy By 2045 | BEAMSTART News

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Indonesian President Joko Widodo has pledged to put the nation on path to become a $7 trillion economy by the time it marks a century of its independence in 2045.

The president, who was sworn in for a second term in office on Sunday, is widely expected to reboot his economic team as he seeks to boost investment and growth amid a global slowdown.

He is also expected to revamp his cabinet to include professionals, key opposition figures, and industrialists.

Indonesia is rising rapidly today

Joko Widodo immediately urged lawmakers to overhaul myriad of laws hindering investment and job creation to rid the country of poverty.

Hugo Brennan, principal political analyst with Verisk Maplecroft said:

“Jokowi’s biggest challenge in his second term will be managing a legislature that is dominated by establishment elites.”

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