Veep: Indonesia no longer poor country

"The per capita income of US$2,000 is a four times increase in the last ten years," he said.

According to him, the gross domestic product of Rp4,000 trillion and a per capita income of US$2,000, indicated that Indonesia was no longer a poor but a medium class developing country.

However, he said prices of some daily nessaries in Indonesia were still increasing like cooking oil, soybean and wheat flour.

"These price hikes are the impact of the world economic situation, including increased prices of world oil, soybean and some others commodities," he said.

In view of these price hikes, the government could not carry out large-scale development projects like building more toll roads and raise power supply by 2,000 megawatts annually, he said.

It was also a fact that each budget that had been approved by the House of Representatives was mostly allocated to pay foreign debts, debt interests and subsidy, totalling Rp300 trillion annually.

However, ...