The public confidence in President Joko “Jokowi” Widodo’s leadership remains high despite recent scandalous events that highlighted his government's poor performance, an expert has said.
Despite improvement in the domestic economy, Indonesia must remain aware of the ‘China effect’ as that country’s volatile stock market and depreciating currency will affect Indonesia’s stock market and the rupiah due to capital outflows.
Overseas fund transfers into Indonesia allegedly linked to terrorism last year and this year amounted to well over 10 billion rupiah (S$1 million), of which about six billion rupiah was from Australia, said Mr Agus Santoso, deputy head of PPATK, which is Indonesia's anti-money-laundering agency.
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