The return to stable growth
Indonesia, with its 17,506 islands – only around 6,000 of which are inhabited – is the world’s largest archipelago. 270 million people live in the island state, making it the fourth most populous country in the world. Exports amount to 20% of the gross domestic product (GDP), meaning that Indonesia is less dependent on exports than other countries in the region. Thanks to the start of mass vaccination against coronavirus, current forecasts anticipate a normalisation of economic activity in the near future and a return to high rates of growth. Germany and Indonesia have long enjoyed a good relationship. Development cooperation between the two countries has been ongoing for around 60 years.
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Director KfW Office: Angela Tormin
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