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Economic Challenges Await New Government Under Prabowo
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Economic Challenges Await New Government Under Prabowo

Middle class, which supports the economy, is shrinking

Oct 02, 2024
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Economic Challenges Await New Government Under Prabowo
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By: Ainur Rohmah
Photo from Britannica

Taking office in less than three weeks, Indonesia's President-elect Prabowo Subianto faces a complex range of economic challenges left to him by the outgoing Joko Widodo, known as Jokowi, including widespread layoffs, declining purchasing power, increasing government debt, and a shrinking middle class that supports t…

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