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Political Turmoil Dampens Positive Sentiment

Monday, August 26, 2024

The hijacking of the Constitutional Court’s decision on the Regional Head Election Law affects investor confidence, and political commotion hurts Prabowo’s government.

arsip tempo : 173485357513.

Ilustration by Alvin Siregar. tempo : 173485357513.

INDONESIA’s political climate is heating up. Since last Thursday, protests by student and pro-democracy civil groups have erupted across the country. They are strongly opposing the House of Representatives (DPR), with President Joko Widodo’s backing, in its attempt to overturn a Constitutional Court (MK) ruling on the Regional Head Election (Pilkada) Law. 

Just a day after the Constitutional Court’s decision, the DPR

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