The Bantargebang tragedy stands as evidence of systemic failure.<\/p>\n
Political analyst Ray Rangkuti contends that President Prabowo\nSubianto\u2019s warnings regarding potential economic hardship ahead cannot\nbe attributed solely to global conflict. He argues that internal\ngovernance issues exert a far greater influence on Indonesia\u2019s current\npredicament.<\/p>\n
Previously, Prabowo convened several ministers and cautioned about\npotential economic fallout from Middle East conflicts, including warfare\ninvolving Iran. He also pledged to brief the public on the\nsituation.<\/p>\n
However, according to Rangkuti, Indonesia\u2019s difficulties do not\noriginate exclusively from external factors. \u201cThe hardships emerging, I\nbelieve, are not merely consequences of an America-Israel versus Iran\nwar. But also stem from government management. Essentially, it is not\nexternal causes but also internal ones,\u201d he stated when reached on\nTuesday, 10 March.<\/p>\n
He further argued that internal factors could be the principal cause\nof economic deterioration compared to global conflict impacts. \u201cInternal\nfactors could well be the most significant and substantial driver\ncompared to external ones. And this is already evident,\u201d Rangkuti\nsaid.<\/p>\n
He pointed to several economic indicators under pressure, ranging\nfrom budget deficits to rising essential commodity prices.<\/p>\n
According to him, a budget deficit exceeding 100 trillion rupiah is\nexcessively large. Beyond this, basic commodity prices in the market\nhave risen. \u201cWhether caused by increasing market demand, there is also\nthe effect of availability and dollar value,\u201d he explained.<\/p>\n
On another front, Rangkuti criticised the government for failing to\nimplement sufficient economic stimulus programmes to counteract such\npressures. He also highlighted rising unemployment and factory\nclosures.<\/p>\n
Rangkuti also touched upon the Free Nutritious Meals and Red-White\nCooperative programmes, which he contended have not automatically\nspurred broader economic circulation among the populace.<\/p>\n
\u201cThe Free Nutritious Meals or Red-White Cooperative do not\nautomatically boost economic stimulus. Money flows from the state to\nwealthy individuals. Many officials and wealthy people manage these\nprogrammes. Money circulates only within their circles,\u201d he\nremarked.<\/p>\n
According to him, the impact of America-Israel conflict with Iran\nwill likely become apparent only in coming months, particularly\nregarding energy supply. \u201cThe effect of America-Israel versus Iran war\nwill only become visible from May onwards. When our fuel oil stocks\nbecome increasingly depleted,\u201d Rangkuti explained.<\/p>\n
Beyond economic factors, he also identified emerging pressures from\nthe political sphere. Rangkuti believes public confidence in government\nshows signs of decline, though some surveys still indicate high\nsatisfaction levels.<\/p>\n
\u201cTrust in government appears to be continuously eroding. Even though\nsome surveys mention satisfaction levels remaining at 79.9 per cent. But\nground-level indicators do not reflect such solidity,\u201d he stated.<\/p>\n
He regarded rising public criticism as one indicator. According to\nRangkuti, various government policy issues have also triggered public\ncriticism.<\/p>\n
Rangkuti cited several issues he deemed sources of public criticism,\nranging from poisoning cases among Free Nutritious Meals recipients, the\nineffective functioning of the Red-White Cooperative, to minimal\ninfrastructure development.<\/p>\n
Consequently, he assessed that the potential hardship mentioned by\nthe president is more than mere warning. \u201cDifficult times are no longer\ntalk, but already upon us. And the primary factor is governance\nmanagement by President Prabowo,\u201d Rangkuti concluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/analyst-prabowos-warning-is-not-merely-about-war-1773147145", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }