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View all search resultsAs the political climate leading up to the 2019 presidential election is beginning to heat up, political enemies have also begun firing salvos, renewing their attempt to stain Jokowi’s land reform initiative with the so-called dirt of communism. And the smear campaign is likely to escalate.
The latest economic surveys, including one by the World Bank in 2014, showing the widening inequality in the ownership of financial and physical assets as the richest 10 percent of Indonesians own an estimated 77 percent of the country’s wealth.
A recent report released by Credit Suisse placed Indonesia as the fourth most unequal country, with a disparity rate of 49.3 percent.According to the report, 1 percent of the richest people in Indonesia control 49.3 percent of the assets.