Indonesia Fortifies Financial Resilience Ahead Of Election

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Indonesia Fortifies Financial Resilience Ahead Of Election

People are walking in the business district during rush hour ahead of the Presidential Elections in Jakarta, Indonesia, on February 12, 2024. Indonesia's 2024 general elections could impact various components of the country's gross domestic product, as seen in 2014 and 2019. Meanwhile, investors are often following the 'wait and see' approach, where they are reducing share purchases and selling before an election. Investors are then monitoring the conditions -- including new policy decisions before making financial commitments. This may have a detrimental influence on the IHSG if the 2024 election results in decisions inconsistent with market expectations. (Photo by Afriadi Hikmal/NurPhoto)


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