Our World in 2018

2018 national budget is allocated for
education and vocational training; and
another 5% is dedicated to the health
sector.
Furthermore, the government is
providing support for the country’s
poorest and most vulnerable
communities. Through social safety
nets, cash transfers, cash-for-work
programs, and other innovations, we
are lifting people out of the vicious
cycle of poverty. The government’s
I
program will ensure that around 20.3
million school-age children stay in
school. The “Indonesia Sehat” health
initiative is expanding access to basic
health services for the masses. And
large-scale microcredit programs have
been introduced to kick start local
economies.
With more than 17,000 islands
spread over three time zones, Indonesia
is the world’s largest archipelago.
Fortunately, ongoing investments in
infrastructure will leave the economy
A girl holds an
Indonesian
the Indonesian
President to
arrive at the
Presidential
Palace in Kabul,
Afghanistan, 29
January 2018.
GLOBAL VS. LOCAL WORLDS
more interconnected than it has
ever been. As logistical costs fall and
the emergence of new growth centers
beyond the main islands.
Lastly, the government is working
hard to strengthen Indonesia’s
institutions. We have introduced a
comprehensive tax-reform plan to
make collection more effective, and
to broaden the tax base. And we
are taking steps to ensure financial
inclusion, and to improve trade and
investment policies, all of which will
fuel competitiveness.
Any businessperson or investor
who overlooks Indonesia risks missing
global economic success story. As a
member of the G20, Indonesia is the
largest economy in Southeast Asia, and
economy in the world by 2030. When
I.
Indonesians are doing their part
to contribute to the dynamism of
East Asia. As the Indonesian economy
continues to gain momentum, so, too,
establish a strong foundation for the
future.
EPA-EFE/MASSOUD
HOSSAINI
Any businessperson
or investor who
overlooks Indonesia
risks missing out
on the opportunities
offered by a global
economic success
story.
OUR WORLD | 2018
Copyright: Project Syndicate, 2018. www.project-syndicate.org
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