Political Uncertainty Disrupting Financial Markets

The extra-long lame-duck period creates many conflicting policies when the global market is in turmoil. The rupiah is under pressure.

Yopie Hidayat

April 4, 2024

INDONESIA is currently in the midst of political uncertainty. On March 20, the General Election Commission declared Prabowo Subianto as the president-elect. However, Prabowo must patiently wait for seven more months before officially entering the State Palace as the President of the Republic of Indonesia on October 20. His waiting game may be uncertainly prolonged further if the Constitutional Court upholds disputes regarding his victory in the e

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