Jokowi builds reform momentum after sluggish start
Two years into the job, he has managed to assert his authority over Indonesia's political establishment
Singapore
AFTER a shaky start, Indonesia's leader Joko Widodo has put South-east Asia's largest economy - and his presidency - back on track.
Two years into the job, Jokowi, as he is better known, has managed to assert his authority over Indonesia's political establishment, cut fuel subsidies and boost revenue with a tax amnesty programme. Still, serious challenges remain: He must implement an ambitious infrastructure programme, reduce corruption and hit a 7 per cent growth target by 2019.
A self-made furniture maker and relative political outsider, Jokowi, 55, started his term with the economy slowing as global commodity prices slumped. Urgent infrastructure challenges - including congested transport networks and inefficient ports - also presented obstacles as he consolidate…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO
China moves to boost foreign investment in domestic tech companies
Xi orders China’s biggest military reorganisation since 2015
Warner Bros CEO earned US$49.7 million in strike-impacted year