Indonesian President Joko Widodo pledged on Thursday to slim the government duri...
JAKARTA - Indonesian President Joko Widodo pledged on Thursday to slim the government during his second term and cut red tape hampering investment to achieve an ambitious growth target in Southeast Asia’s biggest economy by 2045.
“The slimmer our organization, the faster we can run, the more flexibly we can decide on policies,” Widodo said, vowing to ax government agencies that do not contribute to growth. Despite his efforts since coming to power in 2014 to ease the path to starting a business, investors still found it difficult to enter some sectors, he added.
However, some analysts question whether he will be prepared to take on powerful vested interests and shake up a huge bureaucracy that often manages to blunt reform efforts.
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