YAKARTA – Indonesia’s President Joko Widodo has said the country will have to use the COVID-19 pandemic to “renew” itself, as it aims to achieve the country’s prestige over the next 25 years.
Widodo’s statements came Friday at its annual State of the Union presentation to parliament to commemorate the 75th anniversary of Indonesia’s independence. Only a small organization provides in parliament, and the rest of the lawmakers search online to minimize the threat of coronavirus spread.
“This is the time to fundamentally renew ourselves, to make a primary transformation, to put into force wonderful Methods of Array … We want to turn this crisis into a big leap,” Widodo said.
The archipelago was recently ranked among the high-middle-income countries through the World Bank and, “in twenty-five years, in the case of the centenary of the Republic of Indonesia, we will have to make wonderful progress and make Indonesia an evolved country,” he added.
Indonesia’s economy wiped out the pandemic, contracting for the first time since 1999 this quarter. The government expects the expansion of gross domestic product to be between -0.4% and 1% for the whole year.
Widodo said that amid the pandemic, the “fundamental reforms” of the fitness sector and strengthen the country’s food security should be accelerated.
The president, better known as Jokowi, added that efforts are being made to identify the independence of power. Indonesia, an oil producer, is a net importer of oil. Widodo added that progress is also being made in its mineral resource sector by adding processing capabilities, adding to the nickel industry. Nickel is a key component of electric vehicle batteries.
“This will be our existing account deficit and job creation,” Widodo said, adding that this will put Indonesia in an “even more strategic position” in the electric vehicle supply chain.
Widodo, since it took effect in 2014, has been seeking to reduce bureaucracy to encourage foreign investment. His key policy at the time of the term was the so-called bus law, which consolidates a series of legal reviews into a singles vote. But the deliberations were blocked by opposition from industry unions, who see parts of the bill as a threat to their livelihoods.
Widodo promised to advance his reform agenda, but under pressure it was for smart people. “Regulatory reforms want to be carried out. Overlapping regulations are confusing. Array… will have to be eliminated,” he said.
“The crisis has given us a touch to catch up, to make a primary transformation by implementing primary strategies,” Widodo added. “Let’s solve the basic disorders we face. We want to take a big leap to significant progress. We will have to make the most of this crisis.”
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