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    HomeAsiaFactbox-Policy pledges of Indonesia's presidential candidates

    Factbox-Policy pledges of Indonesia’s presidential candidates

    (Reuters) - Three candidates are running in Indonesia's presidential election on Feb. 14. The following is a summary of policy objectives they have pledged while campaigning.

    ANIES BASWEDAN

    - Target 5.5%-6.5% average annual economic growth from 2025-2029

    - Create 15 million jobs, including 'green' jobs

    - Raise the tax-to-GDP ratio from 10.4% in 2022 to 13%-16% by 2029

    - Target annual inflation of 2%-3% from 2025-2029

    - Offer incentives for renewable energy projects

    - Impose a carbon tax with proceeds to be used as an endowment fund to finance development of renewable energy

    - Increase the 'village fund' to 5 billion rupiah ($317,965) for each village, from the current 1 billion rupiah.

    - Widen access to global markets for palm oil farmers

    - Strengthen free trade agreements and Indonesia's role in international financial institutions

    - Minimise imports of staple foods

    - Create 2 million new affordable housing units, including for informal workers, youth

    - Expedite forest conservation and rehabilitation projects

    - Limit new construction of, and retire existing coal-fired power plants, especially in Java, Bali islands

    - Review debt of state-owned enterprises, continue debt restructuring programme

    - Revise Jobs Creation Law with goal to ensure fair wages for workers

    - Evaluate the $32 billion new capital city project

    - Evaluate food estate programme, replacing it with contract farming, a scheme to ensure farm products will be sold

    - Impose a wealth tax on Indonesia's 100 richest people

    - Audit the nickel industry with focus on its impact on the environment and ensuring welfare of domestic workers

    - Strengthen the anti-corruption agency by revising the law that regulates it

    - Ease permitting requirements for building places of worship

    GANJAR PRANOWO

    - Continue programmes of outgoing President Joko Widodo's administration

    - Target average annual economic growth of 7%

    - Create 17 million new jobs

    - Expedite construction of new capital city

    - Increase the defence budget as a percentage of gross domestic product (GDP) to between 1%-2%, from about 0.8% presently. Modernise military hardware

    - Target 30% share for renewable sources in energy mix by 2029

    - Allow more renewable energy producers to use electricity grids of state utility firms to boost green energy adoption

    - Set up a dedicated ministry for the palm oil sector

    - Maintain moratorium on deforestation, accelerate reforestation programmes

    - Create digital tax collection system under the new tax agency separated from finance ministry

    - Limit permit issuance of new nickel smelter to avoid a further oversupply

    - Expand social welfare to cover 15 million families, up from 10 million currently

    - Provide funding to ensure at least one member of a poor family receives education until college

    - Strengthen national anti-corruption agency

    - Maintain foreign policy of non-alignment

    - Strengthen Indonesia's commitment to support fight of Palestinian people

    - Revitalise the Association of Southeast Asian Nations and its decision-making process, especially regarding South China Sea disputes.

    PRABOWO SUBIANTO

    - Continue President Joko Widodo's programme to build new capital city

    - Develop resource downstreaming including in maritime sector

    - Create 19 million new jobs

    - Establish state revenue agency, increase state revenue-to-GDP ratio to 23%

    - Raise threshold for non-taxable income, lower individual income tax rate

    - Provide loans for digital start-ups

    - Fully eradicate extreme poverty within two years of taking office

    - Provide free lunch and milk for students from elementary until high school, at an annual cost of 450 trillion rupiah or equal to about $29 billion

    - Achieve food, energy, water self-sufficiency

    - Implement smart farming to boost output and increase participation of young farmers

    - Retire coal power plants, accelerate decarbonisation

    - Gradually increase defence budget, modernise military hardware

    - Seek a significant raising of the palm oil component in the biodiesel mix, more bioethanol in fuel by 2029, and push for usage of bioavtur, a sustainable aviation fuel

    - Set up a palm oil body with authority to harmonise rules by various ministries that oversee the sector

    - Establish task force to look at restricting foreign workers

    - Limit permit issuance of new nickel smelter to avoid a further oversupply

    - Audit mining industry, including the nickel sector, with focus on the workers' living conditions

    - Maintain Indonesia's non-aligned foreign policy

    ($1 = 15,725.0000 rupiah)

    (Compiled by Stanley Widianto, Ananda Teresia, Stefanno Sulaiman and Bernadette Christina Munthe; Editing by Martin Petty)

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