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Indonesia Takes A Closer Step to Join OECD

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Algo Research Team

Economics | Feb 12, 2025 | Views: 327

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Key Summary:

  • Indonesia is in the process of accession and to complete initial memorandum
  • The government targets a March 2025 deadline to join the international body
  • Joining OECD means Indonesia's regulations are influenced by foreign nations

The Indonesian government is currently in the accession process to join the Organisation for Economic Co-operation and Development (OECD) as part of its strategy to strengthen investment and drive economic growth toward Indonesia Emas 2045.


Context: Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that Indonesia is in the process of completing its initial memorandum; a cross-sector document aligning national regulations with OECD standards.

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