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Prabowo’s Big-Government Experiment and Its Fiscal Risks

Monday, October 20, 2025

Prabowo’s big-government experiment fuels state power—testing market patience and Indonesia’s fiscal limits.

arsip tempo : 176592220492.

Illustration. TEMPO/Alvin Siregar. tempo : 176592220492.

AFTER a year in office, President Prabowo Subianto’s economic direction has become unmistakably clear. Under his command, Indonesia is steering back toward a big government model—a return to an era when the state plays a dominant role in steering growth, shaping industry, and commanding resources. Prabowo is reviving the vision of a powerful state as both the driver and arbiter of the national economy.

Prabowo’s version of

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