Businesses have urged the government to maintain stability to achieve economic growth as political leaders spar over delaying the 2024 elections.
he Indonesian Chamber of Commerce and Industry (Kadin) voiced its concerns on Monday over the increasing confusion surrounding the 2024 elections, fearing it may lead to political instability.
Shinta Kamdani, Kadin's deputy chairwoman and coordinator for investment and maritime affairs, said stability was essential for Indonesia to keep up with other countries in terms of competitiveness, especially in the post-pandemic economy.
“We have a big asset, which is Indonesia's political stability. It is a key that needs to be held dear. Having ‘ripples’ are okay, as long they do not create instability,” Shinta said during a discussion held by Singapore-based DBS Bank.
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Her comments suggest that the Indonesian business community is already scrutinizing the 2024 elections, which have turned murky by recent developments.
The presidential election is scheduled for Feb. 14, 2024, yet the government and House of Representatives failed last month to pass the election budget because of disagreements over costs.
The delay in the budget's approval came shortly after three political parties from President Joko “Jokowi” Widodo's ruling coalition proposed postponing the 2024 general elections by one or two years, and after Coordinating Maritime and Investment Affairs Minister Luhut Pandjaitan claimed that Indonesian netizens favored extending Jokowi's term.
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