Indonesian President Joko Widodo started his second five-year term on Sunday ple...
JAKARTA - Indonesian President Joko Widodo started his second five-year term on Sunday pledging faster infrastructure development and more investment opportunities to create jobs and growth in Southeast Asia’s biggest economy.
Indonesia has attracted investment in mineral smelting, but has failed to win as much of the manufacturing investment moving out of China compared with some rivals. Ahead of his inauguration, Widodo approved parliament’s bill to put the Corruption Eradication Commission under the watch of a new committee and curb its freedom to wiretap suspects.Last week, over 40 economists signed an open letter urging Widodo to revoke the law, arguing corruption hurts efficiency and hampers investment.In a country where about half the population is under 30, students consistently rank near the bottom of international student surveys.
Demands by some separatist groups for a new independence referendum have gained momentum during the unrest.
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