Indonesia speeds up completion of 15 priority programmes
Indonesian economic ministers are targeting 15 priority programmes to be completed in the next six months to encourage growth, inclusiveness, sustainability, and competitiveness of the biggest economy in Southeast Asia.
A corner of Indonesia's Jakarta capital (Source: Asialink)
Jakarta (VNA) – Indonesian economic ministers are targeting 15 priorityprogrammes to be completed in the next six months to encourage growth,inclusiveness, sustainability, and competitiveness of the biggest economy inSoutheast Asia.
The priorityprogrammes include the implementation of the mandatory B30 programme, theimprovement of the employment ecosystem, halal product guarantee,pharmaceutical industry research and development, and the strengthening ofthe PT Trans-Pacific Petrochemical Indotama (TPPI), that thegovernment plans to convert into a state-owned enterprise.
There arealso improvements to the people’s business credit policy, pre-work cardimplementation, and the development of Batam, Bintan, and Karimun areas.
Then, coalgasification, export-oriented horticulture development, technology-basedagricultural partnerships, regional financial electronificationacceleration, green refinery, and working copyright omnibus.
In addition,the ministers also designing the 2020-2024 work programme. Lifting the theme ofIndonesia’s economic growth which is inclusive, sustainable and competitive,there are four programme groups targeted: a programme to encourage qualityeconomic growth; programmes to improve economic equality and reduce inequality;programmes to support economic sustainability; programmes to improve economiccompetitiveness.
Previously, PresidentJodo Widodo urged the economic ministers to create breakthrough programmes inorder to reduce the trade balance and current account deficit (CAD), accelerate the goods moveinter the island and stabilize the commodity price, and concentrate on five toppriority destinations, among others./.
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