Why investors are suddenly fleeing Indonesia

🌐 Deutsche Welle (ID) —
Why investors are suddenly fleeing Indonesia

AI Summary

Indonesia is facing a financial crisis as investors flee due to fears over President Prabowo Subianto's expansive spending plans. This instability threatens to downgrade Indonesia's status as an emerging-market economy.

Indonesia, one of Asia's biggest economies, risks losing its emerging-market status as President Prabowo Subianto's spending plans rattle investors. Will the man who promised to deliver 8% growth rein in his ambitions?

World Politics Markets Indonesia investor flight emerging markets President Prabowo Subianto spending plans economic growth financial instability

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