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The demise of Indonesia

k1976

Alfrescian
Loyal
indonesia is the largest and most resilient economy in South East Asia. they can counter balance China in the long run.
don't under estimate Indon, they have not even started yet. By then, Singapore will have no place and will have to choose to go under Muttland or be part of Indon. None of them looks good.
Move capital to Borneo , want to bao jiak some people in medium / long term
 

k1976

Alfrescian
Loyal

Prabowo Aims to Raise Indonesia Debt-to-GDP Ratio Toward 50%​

  • Debt ratio may be raised by 10 percentage points in five years
  • Rupiah weakened to a four-year-low, government bonds fell


Prabowo Subianto

Prabowo SubiantoPhotographer: Ore Huiying/Bloomberg
By Faris Mokhtar and Grace Sihombing
June 14, 2024 at 8:00 AM GMT+8
Updated on
June 14, 2024 at 1:16 PM GMT+8
Save

Indonesia’s President-elect Prabowo Subianto plans to fund his spending promises by steadily increasing the debt ratio to its highest in two decades.

He aims to raise the debt-to-gross domestic product ratio by 2 percentage points annually over the next five years, according to people familiar with the matter.

The gradual increase would give his economic team room to adjust to any headwinds, compared with raising debt in one sweep, said the people, who asked not to be named discussing private matters.

Have a confidential tip for our reporters? Get in Touch
http://bloom.bg/dg-ws-core-bcom-m1
 

syed putra

Alfrescian
Loyal
The whole of Borneo including Brunei and Malaysia doesn't have a world class port.
If they build it, it will be the trade destination.
They do have world class ports but as it lies outside of the trade route, the cargo numbers are not great. Just enough for their small population for such a huge island.
 

syed putra

Alfrescian
Loyal
USD-IDR is 16,000 now. Rupiah has been depreciated almost 10% in 12 months. A broke Indonesia is not good for Singapore. When that happens, they will bully and mess with us.

forex-usd-idr-forecast.png
The economy unfortunately suffer from the wealthy dumping their money overseas. Mostly in sinkie.
 

Narong Wongwan

Alfrescian (Inf)
Asset
Same shit different day
Prabowo was Suharto’s lackey
SEA seems stuck in a rut cannot progress
Just look at pinoyland and their Stockholm Syndrome with the marcos
Likewise sinkies and the Leegime
 

eatshitndie

Alfrescian (Inf)
Asset
millions of young indons play mobile games made in sillycon valley. mobile tech savvy but hooked on games and in app purchases.
 

k1976

Alfrescian
Loyal
The location for new capital was badly chosen. They wanted it to Be central and strengthened central government hold of Borneo, plus nearer to mainland asia. But there is no proper infrastructure on that location. No power. No harbour. No roads.
I would prefer if they had chosen Dumai, or pulau karimun, on straits of Malacca. Investors will quickly dump their money there due to potential.
To put indon Leo for better movement mah
Island is too small for Leo to exercise de woh
 
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