Economy

Can New Leaders Save the Economy?

It has not been good news for the Indonesian economy this past year. The World Bank announced slower growth for Indonesia in 2014, and predicted itwill face 'significant economic risks'. This was preceded by the Government's wishy-washy policies, in particular the fuel subsidies which cost the state budget Rp400 trillion a year. Another policy which has stirred concern among mining companies is the ban on smelting or

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