Economy of Indonesia

"We want to make sure that many products consumed domestically can be produced within the country. We hope the economy can be supported not only by consumption but also by production activities."

"Indonesia’s ranking has improved remarkably as cited in the report. However, we recognize the need to continue improving our competitiveness and the government has prioritized overcoming these challenges, especially infrastructure bottlenecks. We also recognize the need to improve human resources by continuously improving health, education and workers’ training."

"Indonesia is one of the least exposed economies in the region, with a vast domestic market and a relatively small share of exports to gross domestic product, so it is insulated from volatility in the global economy,"

"As per today's data, Indonesia remains one of the fastest growing, and perhaps more importantly, one of the most stable economies in Asia,"

"Indonesia has a much younger, productive, and growing population. That is a different demographic outlook to the situation in many Western European economies, where the labor force will be either static or decline in size in the future."

"Brothers and sisters! We are still holding flag ceremonies, we are still singing patriotic songs, we are still using national symbols and the pictures of our founding fathers are still here. But in other countries, they have conducted studies that say that the Republic of Indonesia will no longer exist by 2030!"

"We must not lose. If we lose, this country could go extinct. Because the Indonesian elites are always disappointing, always failing to carry out the mandate given by the Indonesian people. If the same system is continued, Indonesia will become weak. Indonesia will become even poorer, even more helpless and could even go extinct."

"Despite today’s upside surprise, we maintain our view that Indonesia’s growth will slow further in the coming quarters, as the impact of Bank Indonesia’s policy tightening weighs on credit growth and, in turn, GDP growth."

"In 2014, Indonesian biodiesel producers may export 2.2 million kilolitres of biodiesel, up from 1.833 million kilolitres last year. Domestic biodiesel sales may jump to 3 million kilolitres this year, up from 1.006 million kilolitres last year."