Jokowi urges next leader to maintain commodity policies

Indonesia also unveils $216bn draft budget for 2024, up 8%

20230816 Jokowi state of the nation address

Indonesian President Joko Widodo, wearing traditional attire from the Tanimbar Archipelago, delivers his state of the nation speech to parliament in Jakarta on Aug. 16. © Reuters

NANA SHIBATA and ISMI DAMAYANTI, Nikkei staff writers

August 16, 2023 18:37 JST

JAKARTA -- Indonesian President Joko "Jokowi" Widodo on Wednesday called on the country's next leader to continue his policy of prioritizing domestic processing of natural resources and commodities, rather than exporting them, as part of a push to become one of the world's top five economies by 2045.