Investors wait and see ahead of ‘year of politics’: VP
Vice President Jusuf Kalla has said investors were in a wait and see position ahead of the presidential and legislative elections in 2019 as they were concerned about the possible impact of the political events on the country’s economy.
He explained that investors were also still waiting for the result of the presidential election, which would likely be a rematch between President Joko “Jokowi” Widodo and Prabowo Subianto.
“Investors are particularly concerned about the policy. Will there be any policy changes if President Joko Widodo wins? And what about if Prabowo wins?” he said in Jakarta on Thursday as reported by kontan.com.id, adding that the wait and see position affected the country’s economy.
However, he expressed optimism that the impact of “the year of politics” was not so significant.
He called on the media to help ensure that the “year of politics” did not cause worry and uncertainty among the people.
(read more: The Jakarta Post)