#upper middle income country

Collection of upper middle income country news, found 31 news.

Indonesia to achieve high-income country status in 22 years: Monoarfa

Indonesia will take at least 22 years to attain the status of high-income country, according to Minister of National ...

Need 6--7% economic growth to achieve developed nation status: govt

Indonesia will need to achieve average economic growth of 6–7 percent per year in order to become a developed ...

2021 economic growth bolstered by renewable energy industry: minister

The new and renewable energy (NRE) industry was one of the main sectors that supported Indonesia's positive ...

Digital technology has potential to create 20-45 million new jobs

Digital technology has the potential to create new jobs for 20-45 million workers, according to Head of the National ...

Possible for Indonesia to regain upper-middle income status: official

Indonesia can return to its upper middle-income status in one to two years, if annual economic growth reaches 5-6 ...

Role of civil society organizations paramount to steering development

The National Development Planning Ministry/National Development Planning (KPPN/Bappenas) highlighted that the existence ...

Economy must grow 6-7% to escape middle-income trap: Monoarfa

The Indonesian economy must grow between 6-7 percent for the nation to escape the middle-income trap, Minister of ...

VP believes Indonesia can reclaim status as upper middle-income nation

Vice President Ma’ruf Amin is optimistic that Indonesia would be able to revert to being an upper middle-income ...

Indonesia may return to lower middle-income status: minister

With its economy contracting 2.07 percent in 2020 due to the COVID-19 pandemic, Indonesia is projected to return to its ...

Islamic economics pivotal to advanced Indonesia vision: BI

Deputy Governor of Bank Indonesia (BI), Sugeng, said Islamic economics and finance will play a significant role in ...

News Focus

Omnibus law protests highlight need for dialogue

President Joko Widodo’s goal of getting Indonesia’s first ever omnibus bill passed into law has finally ...

Hartarto: Omnibus law to help Indonesia escape middle-income trap

Coordinating Minister for Economic Affairs, Airlangga Hartarto, has stated that the law on job creation would serve as ...

Pandemic can provide momentum for reform : Finance Minister

Indonesia’s Minister of Finance, Sri Mulyani Indrawati, has said the COVID-19 pandemic could provide momentum for ...

State expenditure to leverage crisis-hit economy: Jokowi

State expenditure has become an instrument to leverage the country's economy in the recovery path amid the current ...

Status upgrade opportunity to emerge from middle-income trap: Jokowi

President Joko Widodo (Jokowi) believes Indonesia's financial status upgrade to "upper middle income ...