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Prabowo, Please Learn from Egypt’s Trouble

Monday, March 4, 2024

Prabowo’s wish of expansive state budget deficit might lead into an economic disaster, just like in Egypt.

arsip tempo : 177324645829.

Prabowo, Please Learn from Egypt’s Trouble. Illustration/Gatot Pandego. tempo : 177324645829.

POLITICAL upheaval and the disputed outcome of the general and presidential elections continue to cast a shadow over Indonesia’s financial markets. Investors are in a holding pattern, waiting for clarity amid the ongoing uncertainty. Nevertheless, the current market sentiment is cautiously optimistic. The political turbulence is expected to subside soon, paving the way for a new government by October.

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