Skip to content
Finance

Jokowi Says Indonesia Committed to Closing Wealth Gap

By Sarah Chen
1 min read
Jokowi Says Indonesia Committed to Closing Wealth Gap

President Joko “Jokowi” Widodo said his government will continue its efforts to reduce income inequality in Indonesia, following encouraging results in overcoming wealth disparity over the past few years.

“Economic justice is a serious concern for us, especially regarding the poorest 40 percent of our population… efforts to achieve social justice for all Indonesians will never stop,” the president said during his state-of-the-nation address in the national legislature in Jakarta on Thursday (16/08).

Southeast Asia’s largest economy has managed to reduce its Gini ratio to 0.389 – the lowest in the past six years – thanks to land redistribution and cash transfer programs aimed at the country’s poorest.

Weekly Briefing

Asia's retail intelligence, in your inbox

Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.

  • Top industry moves and market shifts
  • Weekly data-driven analysis from across Asia
  • Tuesday, Thursday and the Saturday Weekly Wrap

Read by retail operators, investors and brand teams across Asia.

Protected by a quick human check. No spam, ever. Unsubscribe in one click.

SecureGDPR ready