Bisnis, JAKARTA - Indonesia's high Incremental Capital Output Ratio (ICOR) of 6.5 highlights inefficiencies in investment. To address this, the government has devised several strategies to ensure that capital expenditure effectively contributes to economic growth.
Indonesia to Cut ICOR Down to Level 4
Indonesia's Incremental Capital-Output Ratio (ICOR), which remains at 6.5, indicates that investment efficiency in the country is still low, making it challenging to boost economic growth effectively.
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