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Indonesia Economic Snapshot

Going for Growth 2021 - Indonesia

The COVID-19 crisis has brought to the fore the vulnerability of the population to economic shocks, notably due to extensive informality, lagging skills and low social security coverage. Reforms in areas of skills, labour market regulation and barriers to entrepreneurship are hence top priority for a more resilient and equitable growth.

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2021 Structural Reform Priorities

  • Education and skills: Improve outcomes in education
  • Labour market: Reform labour regulations to reduce informality
  • Competition and regulation: Ease barriers to entrepreneurship and investment, and strengthen institutions to fight corruption
  • Infrastructure: Improve the regulatory environment for infrastructure
  • Energy: Continue to make energy prices more cost-reflective

 

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Economic Survey of Indonesia - 18 March 2021

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Economic Forecast Summary (December 2020)