Having stormed to victory in February’s presidential election, Prabowo Subianto, a former army general and the current defence minister, will take over from Joko Widodo on Sunday (20th October). Since his election victory, Prabowo has made a number of encouraging moves on the economic front, including dialling back his fiscal plans and throwing his support behind reforms to open up Indonesia’s economy to global competition. This shift towards more orthodox economic policies makes us more confident about the country’s long-run prospects.
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