Indonesian President Joko Widodo has emphasised that the COVID-19 pandemic which has lasted for a year and a half cannot delay structural reform of the national economy.
Indonesian President Joko Widodo during his address to the nation on August 16 (Source: https://ekonomi.bisnis.com/
Jakarta (VNA) - Indonesian President Joko Widodo has emphasised thatthe COVID-19 pandemic which has lasted for a year and a half cannot delay structuralreform of the national economy.
In his address to the nation on August 16, Widodo said thatthe structure of the Indonesian economy, in which household consumptioncontributes more than 55 percent, must continue to be transformed moreefficiently by encouraging the downstream industry, investment and export.
The Government is focusing on creating many new quality jobsduring the COVID-19 pandemic. One of those measures is to accelerate theimplementation of online one-stop-shop (OSS) business licensing.
The President also affirmed that investment is one of theimportant pillars of the national economy. In the first six months of thisyear, the total disbursed investment reached 442.8 trillion rupiah (30.8billion USD), excluding oil and gas exploration and exploitation, and financialservices.
He expressed his hope that the total investment this year willreach the target of 900 trillion rupiah, contributing to the creation of manynew jobs and promoting economic development.
Also in his speech, President Widodo emphasised the importanceof economic transformation based on innovation and technology, towards a greenand sustainable economy, affirming that the green economy will be an importantchange of the Indonesian economy./.
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Indonesian President Joko Widodo during his address to the nation on August 16 (Source: https://ekonomi.bisnis.com/
