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Jokowi boasts RI political stability to investors as Prabowo leads ballot count

Jokowi hopes investments and capital inflows can move forward after the election.

Deni Ghifari (The Jakarta Post)
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Jakarta
Tue, February 20, 2024

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Jokowi boasts RI political stability to investors as Prabowo leads ballot count President Joko “Jokowi“ Widodo (right) walks next to Defense Minister Prabowo Subianto (left) when inspecting medical facilities at the newly inaugurated Panglima Besar Soedirman National Defense Central Hospital (RSPPN) in Jakarta on Feb. 19, 2024. (Antara/Hafidz Mubarak A)

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resident Joko “Jokowi” Widodo is confident that investments will flock into the country after the election, as he boasted well-maintained political stability in the country during the period.

Speaking in front of investors and bankers on Tuesday, Jokowi acknowledged that businesses had been taking a “wait and see” position prior to the February voting day as they were concerned about politics heating up due to the election, but he believed firms could begin to relax.

Alhamdullilah [praise to God], the election ran smoothly, people flocked to the TPS [polling stations]. And we hope that investments and capital inflows can move forward and get better after the election,” said Jokowi at the annual Financial Service Industry Meeting 2024.

“We see that global geopolitics are still not good, less conducive. We see that wars are still raging in Ukraine, in Gaza, but what’s important is that our country’s politics are stable,” he added.

Prabowo is set to succeed Jokowi after securing nearly 60 percent of the vote, according to several quick counts conducted by credible pollsters.

Taking Jokowi’s eldest son Gibran Rakabuming Raka as his vice president, Prabowo has vowed continuity from the current government.

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The General Elections Commission (KPU) is due to announce the official results of the general election on March 20.

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