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Indonesia: By: Marlo Valerio Mercado
Indonesia: By: Marlo Valerio Mercado
By:
Indonesia is a major
exporter of timber, accounting
for nearly half of the world's
tropical hardwood trade.
The government
has also promoted
tourism, and Bali is
a popular tourist
destination.
Indonesia has
attracted increased
foreign investment
in recent years, but
corruption is
widespread
The purpose of the Ministry of
Economic affairs
• The ministry of economic
affairs deals with the wealth and
growth of Indonesia. There are
158 state-owned enterprises,
and the government administers
• prices on several basic goods,
including fuel, rice, and
electricity which plays a
significant role. The current
minister of Economic Affairs is
Sri Mulyani Indrawati .
The results of Economic
Affairs.
After the financial crisis of 1997 Indonesia has
improved their financial issues. Indonesia had
growth of 6.6% from 2004-2009 to reduce
unemployment and poverty, since then it has been
improving. Indonesia's exports grew to a record
$118 billion in 2007, an increase of 14% from 2006.
The largest export commodities for 2007 were oil
and gas minerals ,electrical appliances , rubber
products , and textiles .
The top four destinations for exports for 2007 were Japan
, the U.S. , Singapore , and China. Meanwhile, total
imports rose 15% to $84 billion in 2007. The U.S. trade
deficit with Indonesia increased 1.9% in 2007 to $10.1
billion ($4.2 billion in exports versus $14.3 billion in
imports).
The status of women in
Indonesia is lower than
men.
• Basically, Indonesia has all the resources, and the plans for the
future going in the right way. The only thing needed is to secure
their prosperous future and with it’s recent boost in economy and the
nation’s optimism, this can be done easily.
ENVIRONMENTAL ISSUES
The deforestation that Illegal logging of
results from Indonesia
unregulated logging has forest is
been closely linked one of the largest
with floods problems facing
and landslides. the country.
Air pollution
Indonesia's
imposes
water quality
costs of at least
is deteriorating.
One of the most serious
$400 million
problems is the lack of on the
sewerage Systems in Indonesian economy
urban areas. every year.