Indonesia spent much of this week confronting a question that might have seemed unthinkable a few short years ago: what happens when investors stop believing in Southeast Asia’s largest economy?
Indonesia spent much of this week confronting a question that might have seemed unthinkable a few short years ago: what happens when investors stop believing in Southeast Asia’s largest economy?
Prabowo during an interview at his residence in Hambalang, West Java, on March 14.
Indonesian Finance Minister Purbaya Yudhi Sadewa defended his economic track record and said he’d stay in his job after the rupiah plunged to a record low, pointing to inflows into the debt market as proof investors remain optimistic.
Indonesian Finance Minister Purbaya Yudhi Sadewa defended his economic track record and said he’d stay in his job after the rupiah plunged to a record low, pointing to inflows into the debt market as proof investors remain optimistic.
The new head of Indonesia’s free meals agency will refocus the mission of President Prabowo Subianto’s flagship $15 billion program engulfed in a corruption scandal with an eye on budget efficiency and scaled-down plans.
The new head of Indonesia’s free meals agency will refocus the mission of President Prabowo Subianto’s flagship $15 billion program engulfed in a corruption scandal with an eye on budget efficiency and scaled-down plans.
Indonesia’s free lunch program. Photographer: Rosa Panggabean/Bloomberg
Indonesian Finance Minister Purbaya Yudhi Sadewa denied he is resigning from office, after rumors of his departure swept through slumping markets this week.
Indonesian Finance Minister Purbaya Yudhi Sadewa denied he is resigning from office, after rumors of his departure swept through slumping markets this week.
Indonesia's national flag. Photographer: SeongJoon Cho/Bloomberg
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