maaf email atau password anda salah

Debt Trap Abyss Threatening Prabowo’s Presidency

Monday, June 10, 2024

There is no possibility for Prabowo to go on a spending spree during his presidency. Debt repayment liabilities will shackle him.

arsip tempo : 172752949220.

Ilustration: Alvin Siregar. tempo : 172752949220.

PRESIDENT Joko Widodo will surely leave a heavy burden for President-elect Prabowo Subianto. A massive amount of debt repayment awaits practically during the entirety of Prabowo’s presidency. During 2025-2029, all series of maturing Indonesian government bonds will reach an astronomical total value of Rp3,086 trillion.

Hence, a substantial portion of the government budget in those five years will be swallowed by that liability, shrinking t

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

  • *You Save -Rp 102.000
  • *Guaranteed update of up to 52 Editions of Tempo Magazine

Rp 64.380/Month

Active Every Month Cancel Anytime

  • *Free for the first month if using a Credit Card

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

More Articles

More exclusive contents

  • September 23, 2024

  • September 16, 2024

  • September 9, 2024

  • September 2, 2024

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe