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Guided Democracy (Indonesian: Demokrasi Terpimpin), also called the Old Order (Indonesian: Orde Lama), was the political system in place in Indonesia from 1959 until the New Order began in 1966. This period followed the dissolution of the liberal democracy period in Indonesia by President Sukarno , who centralized control in the name of ...
The New Order (Indonesian: Orde Baru, abbreviated Orba) describes the regime of the second Indonesian President Suharto from his rise to power in 1966 until his resignation in 1998. Suharto coined the term upon his accession and used it to contrast his presidency with that of his predecessor Sukarno (retroactively dubbed the "Old Order" or Orde ...
Indonesia followed Thailand in abandoning the fixed exchange rate of its currency on 14 August 1997. [33] The rupiah further devalued to its lowest point following the signing of the second IMF letter of intent on 15 January 1998. The 1997 Asian financial crisis that began to affect Indonesia mid-year became an economic and political crisis ...
Statistics Indonesia (Indonesian: Badan Pusat Statistik, BPS, lit. 'Central Agency of Statistics'), is a non-departmental government institute of Indonesia that is responsible for conducting statistical surveys. Its main customer is the government, but statistical data is also available to the public.
In 2019, as Indonesia's share of global trade exceeded 0.5 percent, the United States Trade Representatives decided not to classify Indonesia as a "developing country." [ 139 ] Despite a revocation of this status, the Indonesian government has assured that this would not change the current Generalized System of Preferences facilities that ...
The New Order (Indonesian: Orde Baru) is the term coined by President Suharto to characterise his regime as he came to power in 1966. He used this term to contrast his rule with that of his predecessor, Sukarno (dubbed the "Old Order," or Orde Lama). The term "New Order" in more recent times has become synonymous with the Suharto years (1966 ...
Indonesia's transition to the New Order in the mid-1960s ousted the country's first president, Sukarno, after 22 years in the position.One of the most tumultuous periods in the country's modern history, it was also the commencement of Suharto's 31-year presidency.
The Ministry of State-Owned Enterprises (Indonesian: Kementerian Badan Usaha Milik Negara, shortened as Kementerian BUMN) is an Indonesian government ministry that oversee the development of state-owned enterprises in Indonesia. The ministry is led by a Minister of State Owned Enterprises, who reports to the President. [1]