Indonesia’s populist president is losing his charm

Prabowo Subianto's popularity has plummeted from 81% to 45% due to declining investor confidence and ineffective economic policies. The Indonesian stock market has dropped significantly, and foreign direct investment is lagging behind regional competitors. His initiatives have been criticized as wasteful and ineffective, leading to dissatisfaction among voters. Political stability is threatened as party leaders consider moves against him, and tensions with his predecessor, Jokowi, are rising. Despite support from the military and police, Prabowo's approach may hinder Indonesia's potential for growth. Minor policy improvements could restore investor confidence, but his populist tactics may be a barrier to progress.