Day: October 16, 2024

External trade briefing

Indonesia’s export in September declined 5.8% month-on-month, but expanded 6.44% year-on-year. Higher volume and price of some key commodities contributed to the strong year-on-year growth. 

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The enlarged bureaucracy, inefficiency

A complex political structure, combined with aspiration of the president elect for Guyub (togetherness, friendly with everybody, no opposition necessary), leads to Prabowo’s decision to expand the central government bureaucracy with nearly 50 ministers and over 60 vice ministers, more than twice the cabinet of India and China, two of the world’s most populous nations.

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October 2024
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