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Significance
Candidates aligned with President Prabowo Subianto, who assumed office in October, dominated the gubernatorial races. However, the Jakarta gubernatorial election was an exception to this trend: Pramono Anung, who was not the president’s preferred candidate, won that contest.
Impacts
The capital relocation project will face further delays.
Concerns over possible democratic backsliding under Prabowo will persist.
Economic reliance on state-owned companies will grow.
Keywords:
Indonesia,
AP,
South-east Asia,
economy,
politics,
election,
government,
growth,
opposition,
party,
policy,
regional,
fiscal,
foreign investment,
investment,
legislation,
public sector
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2024
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