Financial Times FT.com

Jakarta outlines reforms for growth

By John Aglionby in Jakarta

Published: October 29 2009 09:48 | Last updated: October 29 2009 23:45

Susilo Bambang Yudhoyono, the Indonesian president, on Thursday pledged to promote entrepreneurship and education reform as part of his push to raise economic growth to 7 per cent by the end of his term in 2014.

Speaking after being sworn in for a second term last week, Mr Yudhoyono also promised to streamline government bureaucracy. He said successful implementation of his plans would reduce unemployment to 6 per cent from 8 per cent. His efforts would lower the poverty level to as low as 8 per cent from 14 per cent.

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