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View all search resultsProcuring primary and other defense equipment from the domestic defense industry means job creation and taxes from direct activities, not to mention multiplier effects generated from related sources, such as suppliers of parts and components for weaponry, and non-related sources, such as housing and food for workers in the defense sector.
Indonesian economy is facing two intertwined problems: declining export share and declining manufacturing share. These challenges have led the government under President Joko “Jokowi” Widodo to emphasize the importance of “production-driven economy” and exports of manufacturedgoods.
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