Indonesia expects more foreign investment after ratings bump

in #dlike5 years ago (edited)

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Global investors are increasingly eyeing Indonesia as a good place to park their money, a trend that may increase after S&P Global Rating bumped up the Southeast Asian country's sovereign credit rating.

PwC, in its The World in 2050 report has predicted that Indonesia will be the fourth largest economy in the world by 2050 just after China, India and the US. This is in line with Widodo's declared goal of making Indonesia one of the top five economies in the world by 2045.

To achieve that Indonesia has to continue it reform agenda and contain elements of Islamic radicalism. Islamic radicalism is probably the only cause that could derail its ambition to become one of the top economies in the world.

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Islamic radicalism is a ever-present threat in any country with a large Muslim population, moderate or otherwise.

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