Prabowo's economic policy eases deficit concerns in Indonesia

Market analysts believe new president will be investor friendly

Indonesia's newly inaugurated President Prabowo Subianto waves his hand after announcing his cabinet picks Oct. 20 at the presidential palace in Jakarta. © Reuters

FUMITO AKIYAMA, NQN staff writer

October 22, 2024 00:51 JST

SINGAPORE -- Indonesia's new president, Prabowo Subianto, has stepped into office enjoying a better impression from the investor class compared to the start of the transition period earlier this year.