Tenggara Backgrounder May 24
Election breeds new political landscape
Overview - The General Elections Commission (KPU) announced the official results of the 2019 presidential and legislative elections on May 21. President Joko “Jokowi” Widodo’s second term has now been officially confirmed, with senior Muslim cleric Ma’ruf Amin on his side. His coalition parties also secured the majority of votes in the legislative election. Marking the beginning of a new era, the election result is indicative of the country’s political landscape in the next five years.
Unknown groups took part in riot
Overview - After the General Elections Commission (KPU) announced the election results early on May 21, or one day earlier than the deadline, clashes between supporters of losing presidential candidate Prabowo Subianto and his running mate Sandiaga Uno and security officers erupted in several parts of Jakarta. The protesters claimed massive electoral fraud had helped incumbent President Joko “Jokowi” Widodo-Ma’ruf Amin win the election.
Anti-Chinese sentiments threatens industrialization
Overview - On May 17, State-Owned Enterprises Minister Rini Soemarno headed a team of CEOs and ministry officials at a meeting with representatives of China’s metal industry to accelerate the implementation of downstream mining industrialization. The meeting was a follow-up to President Joko “Jokowi” Widodo’s speech on Dec. 3, 2018. In his speech, Jokowi criticized the slow progress in smelter construction that had resulted in a high reliance on raw material imports for manufacturing.
Darmin acts to stop account deficits
Overview - On May 15, Statistics Indonesia (BPS) announced that Indonesia recorded a US$2.5 billion trade deficit in April, the largest monthly trade deficit since 2013.
April’s trade deficit was caused by a sharp drop in non-oil and gas exports and a sudden increase in oil and gas imports.