Indonesian Political, Business & Finance News

Archive: 13 September 2015

1 article found

Jokowi takes his first shot at economic reform

Indonesian President Joko Widodo (Jokowi) has announced a comprehensive package of reforms aimed at reducing inflation and stabilising the exchange rate, stimulating demand through ‘deregulation’ and direct support, with a special focus on creating more jobs in small and medium enterprises (SMEs) and across urban and rural communities. The reforms will come into effect this Tuesday 15 September 2015. The package is enormous in scope and encompasses many existing government initiatives.