Several natural events and social issues made headlines throughout the year: :
In his October 20 inauguration speech, Jokowi declared a new doctrine: He argued that Indonesia had turned its back on the ocean for too long. He promised to build "tol laut" (sea highways)—shipping routes connecting the western islands to the eastern peripheries.
By mid-2014, Indonesia was suffering from its worst current account deficit since the 1998 Asian Financial Crisis. The rupiah (IDR) came under severe pressure, hitting a 16-year low of nearly IDR 12,000 to the US dollar. The central bank (Bank Indonesia) was forced to hike interest rates aggressively, choking domestic credit.
Held prior to the presidential poll, these elections saw PDI-P emerge as the largest party with only 18.95% of the popular vote, highlighting Indonesia's fragmented multiparty system. Prabowo's Gerindra party came third with 11.8%.
Indonesia 2014 Fix 〈4K 2027〉
Several natural events and social issues made headlines throughout the year: :
In his October 20 inauguration speech, Jokowi declared a new doctrine: He argued that Indonesia had turned its back on the ocean for too long. He promised to build "tol laut" (sea highways)—shipping routes connecting the western islands to the eastern peripheries. indonesia 2014
By mid-2014, Indonesia was suffering from its worst current account deficit since the 1998 Asian Financial Crisis. The rupiah (IDR) came under severe pressure, hitting a 16-year low of nearly IDR 12,000 to the US dollar. The central bank (Bank Indonesia) was forced to hike interest rates aggressively, choking domestic credit. Several natural events and social issues made headlines
Held prior to the presidential poll, these elections saw PDI-P emerge as the largest party with only 18.95% of the popular vote, highlighting Indonesia's fragmented multiparty system. Prabowo's Gerindra party came third with 11.8%. The rupiah (IDR) came under severe pressure, hitting