Indonesia's Next President Needs to Diversify Economy, Fmr. Minister Pangestu Says

The video discusses Indonesia's economic resilience, focusing on fiscal and monetary policies, investment challenges, and growth beyond 5%. It highlights the potential in the services sector, the impact of global trade dynamics, and the importance of regional integration. The role of China as a key trading partner and the need for currency stability and technological growth are also explored.

What is one of the key strategies mentioned to counter external economic slowdowns?

• Increasing exports

• Implementing fiscal stimulus

• Raising interest rates

• Reducing government spending

What is identified as a major challenge for Indonesia's economic growth beyond 5%?

• Over-reliance on tourism

• Insufficient private investment

• High inflation rates

• Lack of natural resources

Which sector is highlighted as having significant untapped potential in Indonesia?

• Mining

• Modern services

• Agriculture

• Traditional services

How has Indonesia been affected by the US-China trade war?

• It has been largely unaffected

• It has seen a rise in foreign investments

• It has faced challenges due to global supply chain disruptions

• It has benefited from increased exports

Why is China considered crucial for Indonesia's economic future?

• China is Indonesia's largest trading partner

• China provides the majority of Indonesia's workforce

• China is a major source of foreign aid

• China invests heavily in Indonesia's tourism sector

What is a significant factor contributing to the stability of the rupiah?

• High foreign direct investment

• Increased government borrowing

• Confidence in Indonesia's macroeconomic fundamentals

• Strong domestic consumption

What potential growth opportunity is highlighted through technological advancements?

• Growth in the mining sector

• Expansion of traditional services

• Enhanced digital economy

• Increased agricultural output