SUBSCRIBERS
Jokowi spells out spending, tax-cut plans
He plans to spend more on outlying regions; forecasts 5.5% GDP growth for next year
Add BT as a preferred sourcePublished Fri, Aug 14, 2015 · 09:50 PM
Jakarta
INDONESIAN President Joko Widodo plans to spend more on the nation's outlying regions next year and will seek law-makers' approval to cut tax rates, betting that lifting incomes will help revive a slowing economy.
The Indonesian leader, popularly known as Jokowi, predicts gross domestic product (GDP) will increase 5.5 per cent next year and forecasts a stronger rupiah than current levels.
Share with us your feedback on BT's products and services
