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Politics

Jokowi stumbles in bid to make Indonesia a top-5 global economy

President advances deregulation but stalls on capital relocation and infrastructure

JAKARTA -- When Indonesian President Joko "Jokowi" Widodo was sworn in for a second five-year term last October, he talked of his dream of the Southeast Asian country becoming one of the world's top five economies by 2045.

To put Indonesia on that path, Jokowi pledged to build a skilled workforce, develop infrastructure, conduct deregulation, execute bureaucratic reforms and reduce the nation's dependence on natural resources.

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