English New Hopes and Challenges for Indonesia

Economy

New Hopes and Challenges for Indonesia

The upgrade of Indonesia's status to that of an upper-middle income country is not enough. More reforms are needed to spur economic growth and reduce inequality.

Oleh KARINA ISNA IRAWAN
· 1 menit baca
JAKARTA, KOMPAS –The World Bank has upgraded Indonesia’s status to that of an upper-middle income country from its previous status as a lower-middle income nation. The upgrade gives Indonesia not only new hope but also new challenges in reviving its economy. The government has no choice but to [...]