The false promise of Indonesia’s economy
Presidential candidates vow to deliver 7% growth. Voters have heard it before
In politics, repetition is a crucial part of any campaign. But for Indonesian voters, who go to the polls to elect a new president on February 14th, one pledge is starting to sound a little too familiar. Candidates hoping to lead the world’s third-largest democracy have now, for the better part of two decades, been vowing to raise the country’s growth rate to 7%.
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This article appeared in the Finance & economics section of the print edition under the headline “False promise”
Finance & economics February 10th 2024
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