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East Asia’s Rising Star

During another year of global turmoil in 2017, Indonesia was one of the countries bucking the trend. With strong and steady growth and a vibrant young population, Indonesian President Joko Widodo’s government is seizing the opportunity to pursue reforms that will ensure continued dynamism for decades to come.

JAKARTA – At the World Bank Group’s Annual Meetings in Washington, DC, in October, there was notable optimism in anticipation of an upswing in the global economy. The International Monetary Fund’s latest World Economic Outlook projects that global growth will accelerate to 3.6% in 2017, and to 3.7% in 2018. Not surprisingly, investment, trade, industrial production, and business and consumer confidence have continued to increase in several key economies and regions.