JAKARTA - The coronavirus pandemic is an opportunity to transform Indonesia's economic, legal, health and education systems and put it on path to become a developed country, according to President Joko Widodo.
"And 25 years from now, at the centenary of the Republic of Indonesia, we must achieve great progress and make Indonesia a developed country." The virus has also infected more than 130,000 people, with the confirmed cases more than doubling since the end of June, official data show. Mr Joko's administration has set aside about US$50 billion in fiscal stimulus to counter the impact of the pandemic after temporarily scrapping a fiscal deficit limit and getting the central bank to directly finance government spending.
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