Following his inauguration as Indonesia's new president, Prabowo Subianto’s early signals gave little comfort that he has changed his controversial and nationalistic economic and political worldview.
While the return of several Widodo-era officials has calmed short-term market anxieties, divisions within the cabinet over crucial areas of economic policy remain.
Prabowo’s all-of-parliament coalition is actually a sign that he does not trust many of his nominal allies. Intra-elite intrigue and infighting are expected to continue.
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