Prabowo: I Am Not Against Free Markets<\/p>\n
Jakarta, CNBC Indonesia - President Prabowo Subianto has affirmed\nthat he is not against free market mechanisms. He reiterated his support\nfor free markets with protection for small capital owners.<\/p>\n
\u201cOnce again, it is not true that I am against free market mechanisms.\nHowever, I understand that free markets can be misused. Poor people are\nasked to compete with very large investors,\u201d said Prabowo during the\ninauguration of the Ibu Marsinah Museum and a halfway house in Nganjuk\nRegency, East Java, Saturday (16\/5\/2026).<\/p>\n
Indonesia adheres to family values, so the government must intervene\nto protect small people, he added.<\/p>\n
\u201cIn foreign terms, or cool terms, that is affirmative action,\u201d he\nsaid.<\/p>\n
On the same occasion, he also mentioned the weakening of the Rupiah\nexchange rate against the US Dollar, which has now reached a level of\nIDR 17,600\/USD, the weakest in history. Although the rupiah exchange\nrate has fallen sharply, Prabowo dismissed negative assumptions about\nIndonesia\u2019s economy, which is predicted to be bleak.<\/p>\n
\u201cI believe that there are always those who say \u2018Indonesia will\ncollapse, it will be chaotic\u2019\u2026 The people in villages don\u2019t use\ndollars,\u201d said Prabowo.<\/p>\n
Although the rupiah has reached its lowest level, he is optimistic\nthat conditions in Indonesia are still safe, both in terms of food and\nenergy, even though many other countries are panicking.<\/p>\n
\u201cFood is secure, energy is secure, many countries are panicking, but\nIndonesia is still okay,\u201d he said.<\/p>\n
(hsy\/hsy)<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/prabowo-i-am-not-against-free-markets-1780627073", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }