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Public Lecture: Challenges of Indonesia's Future Economy

The government target for medium-term economic growth is 5.5%. Given the relatively high Incremental Capital Output Ratio (ICOR) of 6.5%, the government must invest at least 36% of the GDP to achieve this target. However, the current investment stands at only around 30% of the GDP, indicating a need for an additional 6% to meet the investment requirement. ....