Will Indonesia’s new government be favorable for Economic growth?

Mr. Joko’s likely victory in the Presidential elections of Indonesia would mean improved competitiveness through continued economic reforms.

He would probably continue working on attracting direct foreign investment, build infrastructure, continue civil service reform, promote special economic zones and for locally sourced commodities nurture value added processing.

Mr. Joko’s second term would also be beneficial for Indonesia’s ICT startup sector.

However the pace of the economic reforms may be slow, owing to the new legislature possible conservative groups in the new legislature.

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