Indonesia's Prabowo targets growth spurt with big projects - News Summed Up

Indonesia's Prabowo targets growth spurt with big projects


Indonesian president-elect Prabowo Subianto has pledged to reach eight percent annual economic growth with measures including a huge free meal plan for students. Jokowi focussed on large infrastructure projects including roads, bridges and airports aimed at better connecting the archipelago. But experts say Prabowo will deviate from that in his bid to realise a campaign promise to turn Indonesia, a G20 member, into an "advanced and developed" economy. Prabowo has pledged to continue the project despite speculation he would put it on hold or keep Jakarta as the capital. It signalled the importance he has placed on continuing to attract Beijing's money, which has proven crucial to Indonesia's economic growth.


Source: Daily Nation October 19, 2024 02:58 UTC



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