Economic Context - Indonesia's economy is currently facing challenges, with a target growth rate of 8% for 2025 appearing increasingly unattainable due to weak household consumption and a significant decline in investment [1][6] - The economy grew by 4.87% year-on-year in the first quarter, but this represented a 0.98% contraction compared to the previous quarter, marking the lowest growth since Q3 2021 [6] - The government's "free lunch" program for students is expected to cost approximately $30 billion annually, which is about 14% of the national budget, raising concerns about the budget deficit nearing the legal limit of 3% of GDP [6] Social Unrest - The recent protests in Indonesia were triggered by the high housing allowance of 50 million Indonesian rupiah (approximately 21,795 RMB) provided to members of parliament, which is nearly ten times the minimum wage in Jakarta [3] - The protests escalated into violence after a tragic incident where a motorcycle taxi driver was killed by a military vehicle, leading to attacks on the homes of lawmakers, including Finance Minister Mulyani Indrawati [3][4] - Over 700 people were reported injured due to the protests, with damages to infrastructure estimated at around 55 billion Indonesian rupiah (approximately 23.96 million RMB) [4] Government Response - President Prabowo emphasized the need to maintain social order and public safety, announcing the cancellation of certain allowances for parliament members and the suspension of overseas trips for lawmakers [3][5] - The government is attempting to address public grievances and restore stability, with officials urging unity among citizens and a commitment to listening to public opinion [4][5] - Despite the unrest, the Coordinating Minister for Economic Affairs reassured that the economy remains on track, projecting a growth target of 5% to 5.2% for the year [6]
印尼局势趋稳，动荡的背后是经济问题？
Di Yi Cai Jing·2025-09-04 04:32