Ahead of a general election scheduled for Aril 2019, Indonesia’s economy under President Joko Widodo continues to have a positive, though more measured, outlook according to a World Bank report in June.
Reforms introduced by Widodo’s economic team headed by award-winning Finance Minister Sri Mulyani Indrawati have helped reduced the country’s debt by 50% over the last five years, while Indonesia's foreign exchange reserves have hit $120 billion, according to the the central bank.
But one critical element that has been a thorn in the government’s side remains, despite the best efforts of the government getting deals approved by both central and local governments...
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