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Backgrounder
Tenggara Backgrounder December 08, 2023
POLITICS
Jokowi’s ‘meddling’ in law enforcement back in spotlight
In the heat of the presidential campaign season, the public has been abuzz over a former Corruption Eradication Commission (KPK) head's claim that President Joko "Jokowi" Widodo attempted to stop the investigation into the e-ID card graft case involv...
New capital Nusantara put to popular test
Moving the capital city from Jakarta to Nusantara in East Kalimantan may seem like a done deal, but now the costly project, conservatively put at about US$35 billion, is being put to the popular test for the first time.
Fourth revision of Constitutional Court Law targets certain justices
The Constitutional Court (MK) has found itself on the precipice of another challenge. The latest turbulence arises as lawmakers set their sights on the composition of justices as they table the fourth revision to the MK Law. As the Court strives to r...
Food estate controversy gains traction ahead of elections
The controversy surrounding the government-sponsored food estate program has taken a new twist as rival presidential candidates raise the issue to attack Defense Minister Prabowo Subianto, who has pledged to carry on with the policy if he succeeds Pr...
BUSSINES & ECONOMICS
High SBN, SRBI coupon rates divert credit away from real sector
During an annual Bank Indonesia (BI) gathering on November 19, President Joko "Jokowi" Widodo criticized the banking industry for neglecting the distribution of credit to the real sector. This criticism was made in light of a spiking trend in SBN pur...
Conflict of interest, Minister Bahlil and Fakfak fertilizer industrial area
Less than a month after President Joko "Jokowi" Widodo officially initiated the construction of the government's fertilizer industrial area in Fakfak regency, West Papua, controversy has loomed over the PSN. At the center of the controversy is Invest...
RI frustrated with developed countries' energy transition financing
President Joko "Jokowi" Widodo and his trusted aid Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan both expressed their frustration against developed countries over energy transition financing during the climate summit i...
BI: RI to grow strong amid global economic slowdown in 2024
Bank Indonesia (BI) announced during the 2023 Bank Indonesia Annual Meeting (PTBI) on Nov. 29, 2023 that they are optimistic the Indonesian economy to grow by 4.7 to 5.5 percent in 2024 and by 4.8 to 5.6 percent by 2025. This is a relatively high gro...
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