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Indonesia: Not so Smooth Sailing for Prabowo Presidency

266 Views01 Nov 2024 10:00
SUMMARY
  • 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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