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Indonesia lays out strategies to escape middle-income trap

Indonesian Finance Minister Sri Mulyani on August 4 laid out four strategies to free Indonesia from middle-income trap.
Indonesia lays out strategies to escape middle-income trap ảnh 1Illustrative image (Photo: Internet)

Jakarta (VNA) – Indonesian Finance Minister SriMulyani on August 4 laid out four strategies to free Indonesia frommiddle-income trap.

According to the minister, the first is developing human resources by improvingthe quality of education, health care and social welfare.

The second is developing quality and financially sound infrastructure.In the near future, the Indonesian Government will regularly partner with theprivate sector to develop infrastructure via public-private partnership.

She suggested the State equip itself with effective institutionsand administrative appratus.

The last is transforming its economy to a digital-based one toease pressure on businesspeople./.

VNA
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