Professor of IPB: Indonesian Economy is controlled by the Private Sector

Prof. Didin Damanhuri, Professor of the Faculty of Economics and Management (FEM), IPB University, said that currently the economic gap in Indonesia is very high because the economy is dominated by a handful of people. Indonesia is known for the most lame of the rich people’s growth. According to the Chairman of the Nusantara Economic Study Circle (KEIN), the economy in Indonesia is now controlled by the private sector, with minimal involvement of the state in it. Thus, the economy is controlled by a handful of people.

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