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No New Hope in the New Government

Monday, October 14, 2024

The market showed no positive reaction ahead of Prabowo Subianto's government, which was held back by the high amount of debt.

arsip tempo : 173486207989.

Ilustration by Alvin Siregar. tempo : 173486207989.

INDONESIA will have a new government in just a week. So far, market reactions have remained indifferent, with no positive sentiment emerging on the cusp of the power transition.

In recent weeks, price movements have been driven more by external factors, including the possibility of continued economic stimulus in China, the escalation of conflicts in the Middle East, and the potential for the Federal Reserve in the United States to cut

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