President Jokowi has a discussion with Coordinating Minister for the Economy and Cabinet Secretary in an event at Puri Agung Convention Hall, Grand Sahid Jaya Hotel, Central Jakarta, on Tuesday (12/12) (Photo: PR/Rahmat)
President Joko ‘Jokowi’ Widodo states that there are a lot of progress that have been made over the last three years.
Therefore, the President added, international rating agencies, such as Moody’s, Fitch Ratings, as well as Standard and Poor’s grant investment grade status to Indonesia. He also adds that the rank of Indonesia’s global competitiveness also increases from 41 to 36 out of 137 countries.
“We want to increase this Ease of Doing Business (EoDB) rank. In 2014, Indonesia was at rank 120. Then, it jumps to rank 72 this year. It is a big achievement. However, the target is more than this. I have told Coordinating Minister for the Economy that the target is rank 40 by 2019,” President Jokowi says at the Second Symposium of 100 Indonesian economists, held at Puri Agung Convention Hall, Grand Sahid Jaya, Central Jakarta, Tuesday (12/12) morning.<