close
Advertisement
Can't connect right now! retry

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!
AFP
August 17, 2019

Indonesia pledges economic boost

Business

AFP
August 17, 2019

Jakarta: Indonesian leader Joko Widodo said on Friday he would press on with plans to move the nation´s capital and roll out measures to kickstart Southeast Asia´s biggest economy as it feels the sting of slowing global growth.

In a sweeping state-of-the-nation address, Widodo asked parliament to sign off on a plan to move the capital to Borneo, shifting Indonesia´s political heart from traffic-clogged megacity Jakarta -- one of the fastest-sinking cities on the planet.

"I´m asking for your permission to relocate our capital to the island of Kalimantan," Widodo told lawmakers, referring to Indonesia´s portion of Borneo. "A capital is not only a symbol of a nation´s identity, it also represents its progress," he added.

Widodo did not reveal a specific location for the country´s new capital or new details about when the move could happen. Speaking a day before the 74th anniversary of Indonesia´s independence, the recently re-elected leader said his second term would focus on cutting red tape and luring more foreign investment.

Topstory minus plus

Opinion minus plus

Newspost minus plus

Editorial minus plus

National minus plus

World minus plus

Sports minus plus

Business minus plus

Karachi minus plus

Lahore minus plus

Islamabad minus plus

Peshawar minus plus