Jokowi and Prabowo Subianto

Prabowo Subianto: Economic issues dominated the electoral campaign discourse with both candidates - Jokowi and ex-general Prabowo Subianto - pledging reforms and economic revival. But once in office, the new president will have to tackle a myriad of problems that sap GDP growth and discourage overall investment, according to Deutsche Welle. The resource 'curse' After being declared the winner of the recently held presidential elections, Joko Widodo, commonly known as "Jokowi," will take over the reins of Southeast Asia largest economy in October. Many, both within and outside the archipelago nation, have high hopes for his presidency, expecting the 53-year-old Jakarta governor to usher in a new era of high economic growth and prosperity. A host of issues ranging from bureaucratic red tape, poor infrastructure and corruption, are hampering the country economic expansion. In order to overcome the challenges, the incoming Jokowi administration has to overhaul key sectors of the economy such as energy, transportation and mining that would lead to the development of more competitive industries and spur growth. (news.financializer.com). As reported in the news.

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