_(5TO _<ENOK - Y5\AL5M (IKONOMI FOR5M
B5(5FRIKA (JG B5)AM )5QAMI Y5HONUNA
B5NGDU1 B5?IVIL MA:B5R5?5BU1 B5(5M5RARNA
B5M5?A?5LUT Y5M5RIN5T MINA Y5MICAW5TU
?5WO*N Y5MIYA?5BA?B FOR5M M5HONU
Y5MITAW5Q N5W   FOR5MU BAL5W \AL5M (5Q5F
\WQNANA ?KET MKNYAT B5Y5\AM5TU
Y5MI?AT5FUT T5?ATAFIWO* B5MIQ5)L5WM
FOR5M L5M5?AT5F Y5MIGXGU NA*5W   TADIYA
(ND5N5ZIH \AYN5T Y5?5WO* ?B?B
B5MTAG5+B5T W5QT1 YHN B5Q5LALU DGAMI
Y5MAYG5+ \DLN L5M5)5Q5M M5%AT (5L5BH
 B5(+AM (5?T5?A?5B Y5\AL5M (IKONOMI
FOR5M B5(5FRIKA B5(ITYO6YA L5M5J5M5RYA
GIZE Y5MIKAHED BIHONM1 \DLUN T5)5QM5N
T5C5MARI Y5WC (5G5R (INV5?TM5NT L5M5?AB
KAL*ALN Y5FOR5MU (ZIH M5KAHED B*A TRGUM
LAYNOR5W Y*LAL   ?L5HON5M Y5(+A \ALAMA
B5ZIHU Y5\AL5M (IKONOMI FOR5M L5M5?AT5F
K5MIM5)U T5?ATAFIWO* W?) B5NGD LAY
Y5MIYAT5KUR5WN Y5T5W5?5N5WN BUDN
B5M5W?5D B5(ITYO6YA YALUT
Y5(INV5?TM5NTNA Y5NGD HUNETAWO*NA \DLO*N
B5?5FIWNA B5)LQ5T L5MA?T5WAW5Q N5W
 K5ZIHM B5T5C5MARI (N5ZIH B5\AL5M LAY
B5(INV5?TM5NTNA B5NGD Z5RF Y5MITAW5QU
?5WO*N B5(5G5RA*N B5T5M5?A?AY Z5RF
Y5GOLA MINA K5MICAW5TU Y5NGDU :BR5T5?5B
(5BALAT GAR )MR5T Y5MIF5)RUB5TN HUNETA
MAM5*A*5T N5W

__RIPORT5R - (N5ZIH Y5)5Q5?X*5W ?5WO*
(N5MAN (ND5HONU1 \WQNA*5WNNA
)5Q5META*5WN _BIG5L!ULN5

_(5TO _<ENOK - (ZIH LAY MAL5T Y5MF5LG5W
Y5DROW Y5NGD (5S5RAR W5D5:XLA Y5Q5R5
M5HONUN M5GL5! N5W   YAM B5M5HONU (5HUN
(Y5MOK5RN YAL5N5W K5MITAW5QU \AL5M (5Q5F
KUBANYAWO* W5YM T5)5RIWO* GAR Y5GOLA
MINA YALA*5WN Y5(5G5RA*N Y5NGDU
:BR5T5?5B M5RIWO*NA (5BALAT QUR+T
(NDIF5)RU MA?*AL N5W   (ND5 (5G5R
L5M5B5L&5G Y5MN%A K5HON5 B5\AL5M
T5W5DADARI L5M5HON Y5MIYA?BNA Y5W5D5FIT
R\Y YAL5W Y5NGD :BR5T5?5B YA?F5LG5NAL
 B5(5G5RA*N KALU R\Y KALA*5W Y5NGDU
MA:B5R5?5B (5BALAT GAR )MR5T M5F)5R
M5*AL (NDAL5BA*5W1 B5ZIYAWM KAHUNU K5WC
(5G5R KUBANYAWO* Y5KAPITAL            #B
M5)5NA*5WN L5MA?AD5GNA SRA*5WN
L5MA?FAFAT T5C5MARI Y5FAYNAN? Y5G5B5YA
\DL (ND5MIYA?F5LGA*5W K5W5DIHU
T5G5NZB5WAL   ?L5HON5M Y5(ITYO6YA
(INV5?TM5NT FOR5M WAN5+A <5?AB (N5ZIHN
R\Y YALA*5WN Y5NGDU :BR5T5?5B Y5SRA
(5M5RARO* K5T5M5R5)U K5WC (5G5R
(5*AWO*A*5W GAR Y5MIG5NA+UB5TNA )MR5T
Y5MIF5)RUB5TN M5NG5D MAM5*A*5TNA
MAQ5LA)5F N5W   Y5\AL5M (IKONOMI FOR5M
B5(5FRIKA Y5MIYAM5)A*5W \AL5M (5Q5F
Y5NGDNA (INV5?TM5NT KUBANYAWO*NA
:ALAFIWO*1 K5ZIHM Q5D5M ?IL B5(5FRIKA
(5:GUR B5T5L5YAYU (NQ?QA?EWO* LAY
(INV5?T YAD5R5GUNA B5(5:GURITU
B5(INV5?TM5NTNA B5BIZN5? L5M5?5MARAT MN
(ND5MIYA?F5LG Y5MIYAWQU NA*5W

YAM B5M5HONU B5\AL5M (IKONOMI FOR5M
B5(5FRIKANA B5(ITYO6YA (INV5?TM5NT FOR5M
Y5MI?AT5FUTN Y5WC (5G5R KUBANYAWO*
B5(ITYO6YA (INV5?T (NDIYAD5RGU MAGBABAT1
B5(5MERIKANA B5(5WROPA YALU
(INV5?T5RO*NNA K5ZIH B5FIT B5(ITYO6YA
(INV5?T (5DRG5W Y5MAYAWQU             #C
BAL5H5BTO* L5MAM)AT K5M5MOK5R Y5B5L5)5
?KETAMA LIHON (ND5MI*L L5M5G5NZ5B
Y5MIYADAGT (5YM5?L5+M   ?L5HON5M BIYAN?
#BJJ Y5MIHONU \AL5M (5Q5F \WQNA YALA*5W
Y5WC KUBANYAWO* B5(ITYO6YA (INV5?TM5NT
FOR5M Y?AT5FALU   (N5ZIH T5?ATAFIWO*
(ITYO6YA L5(IKONOMI \DG5T QDMIYA
B5MT?5)A*5W Z5RFO* LAY Y5T5?5MARU NA*5W
 (N5ZIHM Z5RFO* GBRNA1 (INDU?TRI1
Y5MA\DN FL5GANA Y5(INFORME%N TEKNOLOJI
Z5RFO* NA*5W   B5M5C5%AM B5(ITYO6YA
(INV5?TM5NT FOR5M LAY K5WC (5G5R Y5#BJJ
KUBANYAWO* T5)5RIWO* K5(5G5R W?)M (NDIHU
Y5#BJJ KUBANYAWO* T5)5RIWO* T5?ATAFI
YHONALU   K5(N5ZIH B5T5C5MARI K5FT5+A
Y5M5NGST BAL5SL)ANATNA (5MAKARIWO*
Y5MI?AT5FU ?IHON1 FOR5MUM Y5MIK5F5T5W
B5)5QLAY MINI?TR M5L5? ZENAWI YHONAL
 T5?ATAFIWO* B5(ITYO6YA Y5BIZN5?NA
Y5(INV5?TM5NT \DL LAY B5)LQ5T Y5MIW5YAYU
?IHON1 Y5FOR5MUM W)ET Y5(5G5RITUN G5!TA
K5MGB F5LAGIN5TNA T5R5JIN5T YLQ W5D5
Y5(INV5?TM5NT \DL Y5N5G5S5BAT (5G5R
G5!TA M5Q5Y5R N5W   
                                      #D
__RIPORT5R - PRI?AY? KON?5LT L5RIPORT5R
B5LAK5W M5GL5CA Y5(5FRIKA (IKONOMI
(YAD5G5NA (Y5T5FA)5N5 B5M5M)ATU B5(5HUNU
GIZE Y5(5:GURITU (IKONOMI 8LAY5N
(IKONOMI0 (Y5T5BAL5 (ND5M5)ANA
K5(ITYO6YA (IKONOMI B5LAY YAL5 8LAY5N
(IKONOMIM0 (ND5LEL5 T5)5Q?XL   YHUNNA
Y5ZIH \AM5T Y5M5J5M5RYA W5RAT RIPORT
(ND5MIYAM5L5KT5W L5(INV5?TM5NT
Y5T5M5Z5G5B5W Y5KAPITAL M5)5N (ND5Q5N5?5
N5W   Y8EN (NDET MA)A)AM _Y*ALAL5

_(5TO _<ENOK - ?L5T5)5Q5?UT QU)RO*
(5LAW5QKUM   ?L5 QU)RO*U BAWQ NORO
Y5B5L5)5 )5QAMI YHON N5B5R   YHUNNA Y8E
MNM Y5MIYA?A?B5N N5G5R (5YD5L5M
 MKNYATUM Y5(+A TKUR5T Z5LAQI1 Y5R5JM
GIZENA W)ETAMA (INV5?TM5NTN W5D5 (5G5R
W?) M5?AB N5W   (+A (ND5MNAY5WNA
(ND5MNA?B5W Y5(ITYO6YA (IKONOMI
B5M5CIWO*U \AM5TAT L5BZU ?5WO* BZU
Y5(INV5?TM5NT \DL Y5MIK5FT Y5(5NB5?A
(IKONOMI N5W   ?L5HON5M W5D5FIT W5D5
(5G5R W?) Y5MIM5)AW Y5WC (INV5?TM5NT
K5(IKONOMIW Y5B5L5)5 T5)5QAMI         #E
(ND5MIHON MNM )R)R Y5L5WM   (+A
B5M5M5RYA D5R5JAM BIHON M5)TO W5DIYAW
Y5MIM5L5? Y5(5CR GIZE (INV5?TM5NTN
(5NAB5R5TATAM   Y5(ITYO6YA (IKONOMI
(5HUNM G5NA (YAD5G5 B5M5HED LAY YAL5
(IKONOMI B5M5HONU (ZIHM (ZIYAM *GRO*
LINORU Y*LALU   ?L5HON5M Y5T5)5Q5?UT
Y5(INV5?TM5NT QU)RO* M5WR5D K5ZIH GAR
LIYAYAZM Y*L YHONAL   YHUNNA B5(IKONOMIW
ZURYA B5WAN5+AN5T )LAWN YA)5LAW Y5\AL5M
W5YM Y5(5WROPA Y5W5QTU Y5(IKONOMI HUNETA
M5Q5ZQ5Z *GR N5W

K5ZIH WCI (INV5?TM5NT (EJ5N?I
Y5(INV5?TM5NT MZG5BA RIPORT (5Q5RAR5BUN
Y5Q5Y5R5 YM5?L5+AL   B5M5NGST B5KUL
K5MIM5Z5G5B5W YLQ W5D5 GNBATA
Y5T5Z5WAW5RU PROJ5KTO* LAY Y5B5L5)5
TKUR5T Y5MID5R5G YM5?L5+AL   YAM
Y5QU)RO*UN M5WR5D (5M5LAKA* LIHON Y*LAL
 Y5(5G5RITUN Y5NGDNA (INV5?TM5NT HUNETA
L5MA%A%AL (5HUN SRA (Y5T5S5RA N5W
 Y5B5L5)5 (INV5?TM5NT L5M5?AB BZU M5SRAT
Y)5B5QBNAL    B5T5L5Y K5NGD (5S5RAR D5NB
GAR B5T5YAYAZ5 (5NDAND GUDAYO*        #F
(5D5GA (NDAYA?K5TLU M5)5NQ5Q5 M5*AL
(5L5BN   (YAD5GNM W5D5FIT ?NRAM5D
M5NGSTNA Y5GLU Z5RF T5Q5RARB5W M5SRATNA
Y5NGDNA (INV5?TM5NT (5Y5RUN Y5B5L5)5
MA%A%AL (5L5BA*5W   (5ND5+AW (5G5RITU
Y5WC (INV5?TM5NTN LT?B Y5MT*L5W #HE
MILIYON T5)5QAMI <ZB YALAT B5M5HONU N5W


YHUNNA YA (ND5 Q5DMOW Y5T5L5Y5 N5G5R
(5YD5L5M   K5(ITYO6YA B5?T5D5BUB YALU
(5M?T W5YM ?D?T Y5MSRAQ (5FRIKA (5G5RO*N
YAY5N (ND5HON RA?A*5WN B5MA?T5?A?5RA*5W
#AJJ MILIYON T5)5QAMI <ZB YAL5B5T KLL
W5YM Q5)ANA F5)R5WAL   Y5WC BAL5H5BTO*N
Y5MI?B SR\AT F5)R5WAL   (+A Z5LAQI
B5HON5 HUNETA T5W5DADARIN5TA*NN MAB5L&5G
(5L5BN   BAL5FUT (5SR \AM5TAT M5%A%AL
BNA?AYM B5Q5)AYUM Y5MIS5RU SRAWO*
Y)5BQUNAL   GIZEWM (5HUN N5W

__RIPORT5R - ?L5 WC (INV5?TM5NT
K5MAWRATA*N B5FIT B5(5G5RA*N YAL5W
Y5NGDNA Y5(INV5?TM5NT HUNETA DAYA?PORAWN
L5M5?AB MN YAHL M*U N5W _YLALU5       #G

_(5TO _<ENOK - (RG)5+A HONO L5M5NAG5R
Y5NGDNA Y5(INV5?TM5NT \DLU (NDAL5 GL!
N5W   (ZIH (INV5?T YAD5R5GU *AYNAWO*1
HND*NA TURKO* W)ETAMA M5HON K5*ALU
DAYA?PORAWM W)ETAMA Y5MAYHONB5T HUNETA
(5YTAY5+M   YH B5(NDIH (NDAL5 BAL5FUT
?D?TNA ?5BAT \AM5TAT B5DAYA?PORAW LAY
YAL5+ (5?T5YAY5T T5Q5YRXL   (NE
(ND5MIM5?L5+ DAYA?PORAWN ?NAQ5RB T5G5BI
)YAQEWO* MLA% B5MIYAG5+UB5T HUNETA M5HON
YG5BA*5WAL   (5?T5?A?5BA*NM WC BAL5W
(ITYO6YAWI HULU LAY YAT5KOR5 ?AYHON1
Y5T5L5YAYU \AL5M (5Q5F KORPORE%NO*N
Y5MIM5RUNA N5G5RO*N Y5MIL5W)U
(ITYO6YAWIYAN LAY M5HON YG5BAWAL   LELAW
MAT5KOR YAL5BN (ZIH (NDIM5)U ?AYHON
(ZIYAW HON5W L5(IKONOMIW M5GOLB5T MAG5Z
Y5MI*LUB5TN HUNETA MAM5*A*5T N5W

(N5ZIHU B5WC Y5MINORU (ITYO6YAWIYAN
Y5MILKUTN G5NZ5B Y5B5L5)5 )5Q5META
(NDINOR5WM L5MA?*AL F5)5RA Y5TAK5L5B5T
Y5G5NZ5B MA?T5KAK5YA SR\AT M5F)5RM
Y5RA?U Y5HON5 )5Q5META YNOR5WAL       #H
 Y8E GUDAY B5LELO* (5G5RO* Y5MIS5RAB5TNA
(LBAT Y5T5?5)5W GUDAY N5W   YH B5(NDIH
(NDAL5 B5(5HUNU GIZE Y5WC GUDAY MINI?TER
(YAZ5GAJ5 YAL5W Y5DAYA?PORAW POLI?I
)5Q5META Y5MINOR5W YHONAL   B5)QLU
L5M5NAG5R Y5(5Q5RAR5BA*N HUNETA KALHON5
B5?T5Q5R B5TKKL5+AW GODANA (Y5T5GXZN N5W
 

__RIPORT5R - (R?WO Y5MILUT WC BALU
B5T5M5R5)U (ITYO6YAWYAN LAY B*A MAT5KOR
N5W W)ET Y5MIYAM5)AW _N5W5

_(5TO _<ENOK - B5M5J5M5RYA D5R5JA
W)ETAMA ?L5HON5 (INV5?TM5NTNA NGD
?NN5GAG5R1 (N5ZIH Y5MIK5NAW5NUT B5SRA
F5)ARIWO* 7(5NTRAPRIN5R?7 M5HONUN
M5G5NZ5B (5L5BN   B5Y5T+AWM (5KABABI
(5ND LAY B5T5?5B5?5BU ?5WO* M5KAK5L SRA
F5)ARIWO*U B5)AM (5N5?T5+A QU)R YALA*5W
NA*5W   B5WC B5MINORU (ITYO6YAWYANM
Y5MIN&5BAR5Q5W Y8EW H5Q N5W   (NE
(ND5MA?B5W B5(ITYO6YA (IKONOMI LAY TRGUM
YAL5W W)ET MAM)AT Y5MI*L5W K5DAYA?PORAW
(5ND B5M5TO Y5MIHON5W B*A N5W   Y8E   #I
(5ND B5M5TO Y5HON5W DAYA?PORA
Y5(5G5RITUN (IKONOMI B5MA?AD5GNA
B5MAGOLB5T D5R5JA T5(5MR M5SRAT Y*LAL
 (NAM (NE Y5(5G5RITUN (IKONOMI L5MA?AD5G
Y5MAT5KUR5W B5ZIH (5ND B5M5TO B5HON5W
DAYA?PORA LAY N5W   Q5RIWN B5(5G5RITU
POL5TIKANA MA:B5RAWI GUDAY (NDI?AT5F
MADR5G N5W Y5MIL5WN (M5R)AL5HU

__RIPORT5R - B5(5HUNU GIZE K5ZIYA (5ND
B5M5TO K5HON5W DAYA?PORA WCI B5(5G5R
(IKONOMI LAY (Y5T5NQ5?AQ5?5 Y5MIG5+5W MN
YAHLU N5W _YLALU5

_(5TO _<ENOK - G5NA (Y5BX)5)N N5W MAL5T
Y*ALAL   (ND5MIM5?L5+ B5M5CIWO*U \AM5TAT
BZUWO*N Y5MNAYB5T HUNETA YNORAL   (5HUN
(Y5TAY5 YAL5W HUNETAM BIHON
Y5MIYAB5R5TATA  YM5?L5+AL   B5(5HUNU
GIZE B5M5NGST M5SRYA BETM HON5 B5?IVIL
MA:B5R5?5B T5QXMAT1 B5GBR5?5NAY DRJT1
B5GLU Z5RFNA B5M5?A?5LUT (5ND1 HUL5T1
(5SR W5YM K5ZIYAM B5LAY DAYA?PORA MAG+5T
Y*ALAL   B5N5G5RA*N LAY (ZIYAW BALUB5T
HON5W L5(5G5RITU \DG5T TLQ           #AJ
(5?T5WA!(O YAB5R5K5TU1 HONOM LAB5R5K5TUT
(5?T5WA!(O (NE N5+ L5MAL5TNA \WQNAWN
L5M5W?5D FLAGOT Y5LELA*5W B5RKATA B5WC
YALU (ITYO6YAWYAN (5LU   (N5ZIH NA*5W
W5D5FITM (5G5RITUN Y5MIL5W)XT   (NDIYAW
L5M5TAY5T Y5MIMOKRUTN (NT5WA*5WNA   


















                                     #AA