Group 1 - The Indonesian stock market has experienced significant declines due to concerns over the economic outlook, with the Jakarta Composite Index dropping as much as 4.7%, marking the largest single-day decline in nearly a week [1] - The Indonesian rupiah weakened by 0.4% against the US dollar, approaching its lowest level since 1998, indicating growing investor anxiety [1] - The government's transfer of ownership of key state-owned enterprises to a new sovereign wealth fund has raised concerns about the concentration of economic decision-making [1] Group 2 - Recent weeks have seen pressure on Indonesia's financial markets, driven by fears that President Prabowo Subianto's populist agenda, including costly welfare programs, may strain national finances and threaten economic activity [2] - The transfer of state-owned enterprises to the sovereign wealth fund continues to unsettle investors, with uncertainty heightened by the government's announcement of the entire management team [2] - On March 18, the benchmark stock index fell by 7.1%, the largest single-day drop since 2011, triggering a trading halt for 30 minutes due to breaching the 5% threshold [2]