April 25, 2024
Economy

Next Indonesia President Prabowo Inherits Jokowi’s Hopes for High-Income Economy


Set to be Indonesia’s next leader, Prabowo Subianto will soon inherit his predecessor’s mission to break the trillion-dollar economy out of the middle-income trap.

President Joko Widodo came to power back in 2014 pledging to boost growth to 7%, the pace he believes is needed to turn the nation of nearly 280 million people rich by 2045 — a century after its independence and while it can still leverage its large youth population.



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