JakartaPost-Jan 30, 2020

While free from poverty, approximately 115 million Indonesians, or 45 percent of the country’s population, have yet to achieve economic security and the lifestyle of the middle class, the World Bank’s latest report shows. The Aspiring Indonesia – Expanding the Middle Class report published on Thursday highlights the need to adopt the right policies so that the so-called aspiring middle class can attain the economic security of the middle class. Members of the “aspiring middle class” are considered those who are not poor but have yet to achieve economic security, spending between Rp 532,000 (US$39.1) and Rp 1.2 million per person per month.

Meanwhile, the middle class consists of economically secure Indonesians with little chance of falling into poverty or vulnerability, spending between Rp 1.2 million and Rp 6 million per person per month.

Read more at: https://www.thejakartapost.com/news/2020/01/30/115-million-indonesians-not-yet-economically-secure-world-bank.html