Bank of Indonesia

Jokowi pushes tourism as funds flee Indonesia

As foreign funds continue to dump Indonesian stocks and bonds, President Joko Widodo is chasing dollars from tourism and exports to help contain a widening current-account deficit.Widodo, known as Jokowi, ordered ministers, officials and central bankers on Thursday to step up efforts to lure more foreign visitors into the pristine sand beaches dotting hundreds of islands across the archipelago.

28 July 2018
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