Prabowo needs foreign allies and funding to realise Indonesia vision
Prabowo has come to power by virtue of what is known as “Prabowonomics”. It is an economic philosophy that envisages a larger share of welfare programmes in the national economy. This will require broadening the tax base, which might be challenging in a developing economy.
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Indonesia’s new leader Prabowo Subianto meets Chinese President Xi Jinping in Beijing
As the incoming leader of Southeast Asia’s most populous country and largest economy, Prabowo needs foreign investment and good ties with important allies to keep his dreams of Indonesian greatness alive.
Veronica Lukito, a senior partner for the Hong Kong-based TransAsia Private Capital Fund, has closely followed developments in Indonesia for the past two decades