Why investors are fleeing one of Asia's biggest economies

🌐 Deutsche Welle (ID) —

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Investor confidence is waning in Indonesia, one of Asia's largest emerging economies, due to populist President Prabowo Subianto's expansive spending projects. Concerns mount over potential downgrade of Indonesia's emerging economy status amid ambitious growth promises.

Indonesia's status as an emerging economy could be downgraded over populist President Prabowo Subianto's huge spending projects. Will the man who promised to deliver 8% growth rein in his ambitions?

World Politics Markets Indonesia investor confidence emerging markets economic growth Prabowo Subianto populism

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