Indonesia's leader says it can join leading economies by 2045 if it continues educational reforms

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Indonesia's leader says it can join leading economies by 2045 if it continues educational reforms
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Indonesia's president on Wednesday urged a continuation of his educational reforms to turn Southeast Asia's largest economy into one of the world's biggest by its hundredth anniversary in 2045.

President Joko Widodo said in his annual state of the nation speech a day before Indonesia celebrates its 78th year of independence that it has a great chance of joining the globe's top five economies with a per capital income of US$25,000. Indonesia's per capita income was US$4,580 in 2022, according to the World Bank.Indonesia proclaimed its independence from Dutch colonial rule on Aug. 17, 1945.

Widodo, popularly known by his nickname Jokowi, began his second and final five-year term in October 2019 and is not eligible to run again. After his administration halted exports of nickel ore in 2020, investment in nickel processing expanded rapidly and there now are 43 processing plants that provide a large number of jobs, he said.Widodo's administration also banned exports of bauxite, an aluminium ore, in June and plans to ban shipments of copper ore next May.

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