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Jakarta Post

Impacts of 2018 elections on Indonesian economy

  • Fitri Bintang Timur and Grace Dewi

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PREMIUM
Jakarta   /   Thu, January 18, 2018   /  09:10 am
Impacts of 2018 elections on Indonesian economy Affirming support: Sympathizers of Ridwan Kamil joining with support group Relawan Jawa Barat Juara on Sunday declare the opening of a crowdfunding scheme to finance campaign activities to support the candidacy of the Bandung mayor in the 2018 West Java gubernatorial election. (JP/Arya Dipa)

Indonesia is bracing for simultaneous elections across 171 regions later this year and the preparations are ongoing. These elections are critical as they will directly determine the leadership of key rich provinces, such as East Kalimantan, Riau, South Sulawesi and the three most populous provinces in Java. With almost 70 percent of Indonesia’s population expected to vote, the parties winning the upcoming elections may influence the political dynamics of future national leadership. The economy, too, is likely to gain momentum as political spending rises. According to the General Elections Commission (KPU), the simultaneous local elections will cost the central and local governments Rp 11.3 trillion (US$850 million). On top of this official cost of administering the elections and counting the votes, there is also the price of maintaining security and order. Additionally, there...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.