Prabowo’s Capital Outflow - Market Pulse - magz.tempo.co

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Market Confidence Begins to Falter

Monday, November 4, 2024

Capital outflow becomes increasingly clear at the outset of Prabowo’s administration. The large cabinet undermines investors’ confidence.

Ilustration by Alvin Siregar. tempo : 173235402212.

THE warning signs are subtle, not a sharp jolt, but they are there. Gradually, portfolio investment funds have started to exit Indonesia’s financial markets. This capital outflow became more pronounced following Prabowo Subianto’s inauguration as President of the Republic of Indonesia. Foreign funds have been pulling out from the stock market and government bonds.

This phenomenon is significant and warrants investor attention. Global

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