Indonesia's economy has not only grown but has also improved its growth quality, along with a low inflation rate and a reduction in poverty and unemployment rates in the midst of global uncertainties arising out of the US-China trade war, coordinating economic affairs minister Darmin Nasution told the Capital Market Summit and Expo 2019 in Jakarta recently.
The Gini ratio, which indicates income distribution, has been improving for the country, a news agency quoted the minister as saying.
Indonesia has also clocked a better and higher credit rate, indicating that the nation has been venturing ahead to become an investment state, he remarked. The number of investors also reached a record of 1,049,000 on August 15 this year.
He encouraged Indonesian capital market regulators to simplify policies to facilitate easier public access and attract more investors.The meeting and exhibition were organised to celebrate the 42nd anniversary of the capital market. (DS)
ALCHEMPro News Desk – India
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