Indonesian economy comes up for air but strives to lure investors (opens original article in a new tab)

Indonesia's economy struggles with high energy prices and investor concerns, prompting central bank rate hikes but requiring policy changes to attract investment.

• Indonesia's economy faces challenges from high energy prices and government policies that concern investors
• The rupiah has weakened significantly, prompting central bank interest rate hikes to stabilize the currency
• Experts suggest Indonesia needs to adopt more investor-friendly policies to attract foreign investment
• The government aims for 8% growth by 2029 despite economic pressures and fiscal deficit concerns