Indonesia announced the revitalization of economic policy
To boost the real economy, Indonesian President Djoko announced a series of policies to revive the economy, including cutting red tape to attract investors, support the Indonesian rupiah currency; and poverty alleviation programs.
The Indonesian government will amend the 89 regulations to delete the provisions of be of no great importance, in order to simplify the business process to reduce the unnecessary and over elaborate formalities.
Measures to support the value of the currency of the country include improving the management of foreign exchange, helping exporters to finance, and more easy to open a bank account with foreign visitors who often have to enter Indonesia. President promises to create more jobs for young people, to carry out infrastructure projects, and to promote the development of manufacturing.
Poverty alleviation policy, including the provision of cheap fuel for the fishermen, to provide more funds for small villages, while improving the provision of cheap rice plan.
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