Indonesia President-Elect Prabowo's Strategy for Economic Growth

Thursday, 11 July 2024, 05:00

Indonesia's president-elect, Prabowo, is planning to ramp up the country's debt-to-GDP ratio to 50% from the current 39% to support ambitious growth objectives. This move aims to fuel economic expansion and development initiatives but raises concerns about sustainable debt levels and future financial stability. Prabowo's strategy hinges on leveraging debt for short-term growth while requiring prudent management and effective mechanisms to mitigate long-term risks, affecting Indonesia's economic trajectory.

Thediplomat — Indonesia President-Elect Prabowo's Strategy for Economic Growth

Indonesia President-Elect Prabowo's Economic Vision

Prabowo outlines plans to elevate the nation's debt-to-GDP ratio from 39% to 50%.

Debt Increase for Growth Targets

Pros: Supports ambitious growth strategies.
Cons: Raises concerns about sustainable debt levels.

Strategy underscores short-term growth emphasis.
Effective management key for long-term financial stability.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Indonesia President-Elect Prabowo's Economic Vision

Debt Increase for Growth Targets

Related posts