Indonesian President Prabowo Subianto is advancing an economic model that emphasizes strong government involvement to stimulate growth and fulfill broad social objectives in Southeast Asia’s largest economy. His administration aims to boost development through strategic public investment while maintaining fiscal discipline. By leveraging state-owned enterprises and directing capital toward infrastructure and social programs, the leadership seeks to accelerate economic momentum without compromising budgetary stability. This approach reflects a vision of inclusive progress, where public institutions play a central role in driving prosperity. The strategy also underscores efforts to attract private sector collaboration within a framework guided by national priorities. As Indonesia navigates global economic uncertainties, this state-centric model could shape the country’s trajectory in the coming years.
— news from Bloomberg.com
— News Original —
Indonesian President Prabowo Subianto is seeking to aggressively wield state power to deliver his populist vision for Southeast Asia’s biggest economy, all while keeping a tighter rein on the nation’s purse strings and ramping up economic growth.