Indonesia’s Economy Stagnant Under Jokowi Govt. – Economist

Home833 Views
banner 468x60

Durian. An Indonesian economist Rizal Ramli said on Feb. 25 that economic growth of the country has been stagnant at 5 percent, the lowest post reform in 1998, during the leadership of President Joko Widodo, or Jokowi.

He said due to the situation, purchasing power of the people has been declining. Jokowi has managed to reduce the number of the poor as much as 450,000 people annually, the lowest number compared to other presidents after May 1998 in which late President Abdurrahman Wahid, or Gus Dur, was on record high at 5.05 million poor people annually.

banner 336x280

“It’s because of … reckless import policies and the abolition of household electricity subsidy for 450 VA and 900 VA,” Rizal said in Jakarta.

Previously, Rizal has said that his critics was not related to the competition between Jokowi and his opponent Prabowo Subianto in the upcoming presidential election as he remains neutral to both candidates.

banner 336x280

Leave a Reply

Your email address will not be published.

9 comments

  1. Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

  2. I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

  3. Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?