Indonesia's Economic Challenges in the Elections Year
While the threat of higher interest rates has subsided, political uncertainties and expanding global geopolitical conflicts still pose risks to our economy in 2024.
Yopie Hidayat
December 25, 2023
INDONESIA's economy is set to face serious challenges. One big problem, the threat of persistently high interest rates in developed countries, has indeed eased. There are clear signals that the Federal Reserve may lower interest rates. Beyond the interest rate problem, however, numerous other challenges could seriously hinder Indonesia's economic growth throughout 2024.
One such challenge is the upcoming 2024 elections. Typically, during the
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