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View all search results“The problem is not always [influxes of foreign goods]. The problem is more fundamental; it’s capital expenditure [capex]. If an industry does not fix its capex, it will be automatically outcompeted,” the coordinating economic minister said on Monday.
The incoming Prabowo administration is apparently setting its sights on boosting private sector activities, a strategy that many leading economists agree is among the keys to greater growth, alongside bureaucratic reforms to ensure certainty.
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