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How is Indonesia boosting its economy right now?
Indonesia is focusing on increasing social spending, expanding trade, and aiming for a 5.4% economic growth target in 2026. President Prabowo has announced initiatives to support social programs and attract foreign investment, helping to strengthen the country's economic resilience amid global tensions.
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What new trade deals has Indonesia signed recently?
Indonesia has signed several key trade agreements in 2025, including the Comprehensive Economic Partnership Agreement (CEPA) with Peru and new deals with the European Union. These agreements aim to boost exports, diversify trade partners, and reduce tariffs, especially amid US-imposed tariffs on some Indonesian goods.
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What challenges is Bali facing with tourism?
Bali is experiencing overtourism, which has led to infrastructure strain and cultural sensitivities. The government is working to regulate tourism better and diversify the sector to preserve Bali’s cultural heritage while supporting economic growth.
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How is Indonesia balancing economic growth and cultural sensitivities?
Indonesia is trying to promote economic development through trade and tourism while respecting its rich cultural traditions. Efforts include regulating tourism in Bali and fostering regional diplomacy to ensure growth does not come at the expense of cultural preservation.
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What are Indonesia’s main diplomatic priorities in 2025?
Indonesia is expanding its diplomatic ties with countries like Peru, the EU, and the US. The country aims to strengthen regional influence, promote trade, and address regional issues through active diplomacy, balancing economic ambitions with regional stability.
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Why is Indonesia focusing on trade agreements with Peru and the EU?
Indonesia seeks to diversify its trade partners and reduce reliance on traditional markets. Agreements with Peru and the EU help Indonesia access new markets, increase exports, and navigate global trade tensions more effectively.