Indonesian Economy’s Challenges

INDONESIA’s economic indicators appear to show no sign of trouble. Statistics Indonesia (BPS) recorded 5.11 percent gross domestic product (GDP) growth in the first quarter of 2024. Muhamad Chatib Basri, a lecturer at the Faculty of Economics, University of Indonesia, described the growth rate as relatively good but not sufficient.

According to Chatib, Indonesia would face real challenges in 2050. By that time, the majority of the Ind

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