Presidential Regulation No. 32 of 2011 on the Masterplan for the Acceleration and Expansion of Economic Development in Indonesia 2011-2025 has been issued to implement the National Long Term Development Plan 2005-2025. The Regulation sets out a policy to boost Indonesia’s economic activities.
The Masterplan for Acceleration and Expansion of Economic Development in Indonesia (Masterplan Percepatan dan Perluasan Pembangunan Ekonomi Indonesia/MP3EI), pursuant to Article 1 (2) of the Regulation, is a strategic directive for Indonesia’s economic development for the next 15 years. Each ministry and institution will use the plan to set their own policies and implement the duties in their job descriptions.
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