New Order Economic Policy

The New Order Economic Policy, implemented by Indonesia's President Suharto after 1966, aimed to stabilize and grow the country's economy. It focused on reducing inflation, encouraging foreign investment, and developing key industries like manufacturing and agriculture. The policy prioritized national economic independence while promoting modernization and increased productivity. It involved government guidance and support to foster economic stability, improve infrastructure, and reduce poverty, ultimately seeking to create a more self-reliant and resilient economy for Indonesia.