Level up, World Bank raises Indonesia’s status to upper-middle income country
The World Bank has raised the status of Indonesia from a middle-income country to an upper-middle income country. The increase in status was granted after based on the latest World Bank assessment, the Gross National Income (GNI) per capita of Indonesia in 2019 rose to USD4,050 from the previous position of USD3,840. Rahayu Puspasari, Head of the Ministry of Finance’s …