Economics

‘Dangerous’ Inequality Spurs Widodo’s Indonesia Shakeup

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A “dangerous” level of inequality threatens the world’s fourth most-populous nation, said Indonesian President Joko Widodo, who took power in October after beating a former army general.

“Economic growth is very important for my administration, for my people but it’s more important to narrow the gap,” Widodo, known as Jokowi, said Monday in an interview at the presidential palace in Jakarta. “When we invite investors they must give benefit to my people. Also to my country.”