10 Interesting Fact About Economic policy

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• Indonesia's economic policy is based on Pancasila, namely the five basic principles of the Indonesian state which includes social justice, democracy, and the Almighty God.
• In 1967, Indonesia launched a national economic program called heavy task, which aims to create an independent and sovereign economy.
• As the largest archipelago in the world, transportation and distribution of goods is one of the important factors in Indonesia's economic policy.
• Indonesian government policy in controlling inflation includes regulating prices of goods and services, monetary and fiscal control, and trade supervision.
• One of Indonesia's famous economic policies is the rice program for the poor launched in 2008 to ensure the availability of rice for the community at an affordable price.
• Indonesia is a member of the G-20, a group of developed and developing countries that aims to promote balanced and sustainable global economic growth.
• Indonesia's economic policy also includes an increase in foreign investment and increased exports to strengthen the national economy.
• Indonesia has a rapidly developing tourism sector, and the government has taken steps to promote tourism as a significant source of economic income.
• Indonesia's energy policy includes the development of renewable energy sources such as geothermal, solar power, and wind, as well as increased energy efficiency to reduce dependence on fossil fuels.
• The Indonesian government has also launched programs to improve the welfare of the community through the provision of social assistance, job training, and poverty alleviation programs.