Indonesia Announces Significant Minimum Wage Increase for 2025
In a bold economic move, the Indonesian government, led by the Minister of Defense Prabowo Subianto, has revealed plans to raise the minimum wage by an impressive 6.5% in 2025. This announcement was made during a government press conference and is seen as a response to ongoing inflationary pressures and the rising cost of living faced by many citizens.
Continue readingIndonesia's Prabowo Pledges to Phased-Out Coal by 2039 in Ambitious Environmental Initiative
In a groundbreaking declaration, Indonesia's Defense Minister Prabowo Subianto has committed to retire the nation's entire fleet of coal-fired power plants within a 15-year timeframe. This announcement comes amid rising global pressures to reduce carbon footprints and tackle climate change more aggressively. Prabowo's ambitious plan could significantly alter Indonesia's energy landscape and position the country as a leader in the transition towards sustainable energy sources.
Continue readingIndonesia's Mr. Fix-It Takes on Key Economic Role in Prabowo's Team
In a significant political development, Indonesia’s renowned economic strategist, commonly referred to as "Mr. Fix-It," has been appointed to a vital position in the economic team of Prabowo Subianto, the presidential candidate for the upcoming elections. This strategic move is anticipated to bolster Prabowo's campaign as he aims to restore confidence among investors and stimulate economic growth amidst ongoing challenges.
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