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Indonesian Economic & Social Development

Indonesian Economic & Social Development

Indonesia’s government is focused on becoming a leader in the global economy, with a competitive and innovative population, a just and peaceful society and democracy, and developmental equality among all its people. The vision of these plans is for Indonesia to become: “Developed and self-reliant; to encourage development that ensures the widest possible equality in the country, supported by quality human resources, developed infrastructure, the application of science and technology, and supported by the implementation of a free and active foreign policy. Just and democratic; to encourage development that ensures the rule of law that is fair, consistent, non-discriminatory, serves the public interest and supports the gradual continuation of democracy in various aspects of political life to be accepted as a constitutional democracy. Peaceful and united; to encourage development that is able to realize a sense of security and peace among all people, able to accommodate the aspirations of this dynamic society, upholding state sovereignty and territorial integrity, as well as to protect all people from any threat.”
Indonesia has three economic development plans in place, that they aim to reach by 2025: The National Long-Term Development Plan, The National Medium-Term Development Plan, and The Masterplan for Acceleration and Expansion of Indonesia’s Economic Development. The National Long-Term Development Plan “In accordance with Article 4 of Law No. 25/2004 on National Development Planning, the National Long Term Development Plan (RPJPN 2005-2025) of Indonesia was drawn up as a continuation and renewal of earlier stages of development planning in Indonesia. The RPJPN, a development plan that covers 20 years, aims to achieve the development goals as mandated in the Preamble to the Constitution of 1945. This long-term plan involves conducting institutional restructuring while simultaneously keeping the nation in pace with other nations.” The National Medium-Term Development Plan “The National Medium Term Development Plan (RPJMN, 2010‐2014) is the second phase of implementation of Indonesia's National Long Term Development Plan (abbrev. RPJPN 2005‐2025) promulgated through Law 17/2007.
The RPJMN 2010‐2014 forms the basis for ministries and government agencies when formulating their respective Strategic Plans (Renstra‐KL). Regional governments also must take this medium-term plan into account when formulating or adjusting their respective regional development plans.” The Masterplan for Acceleration and Expansion of Indonesia’s Economic Development. The Masterplan for Acceleration and Expansion of Indonesia's Economic Development (abbreviated MP3EI) is an ambitious plan by the Indonesian government to accelerate the realization of becoming a developed country of which the fruits and prosperity will be enjoyed equally among the people. By utilizing the MP3EI, Indonesia aims to earn its place as one of the world’s developed countries by 2025 with expected per capita income of USD $14,250-$15,500 and total gross domestic product of USD $4.0-$4.5 trillion. ACL International Is a Leader in Indonesian Oil and Gas Exploration and Development. Learn more about them here. Sources: http://www.indonesia-investments.com/projects/government-development-plans/item305

 



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Laura Garet

Laura is 8020 Connect’s Client Communications & Social Media Specialist. In 2014, She received her Bachelor of Communications in Information Design from Mount Royal University in Calgary, Alberta. After a couple brief positions in other marketing roles, Laura has found her home with 8020.




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