THE ECOMETRY
With 270 million residents, this developing nation’s economy will still be vital in the upcoming elections. & nbsp,
According to Mr. Kevin O’Rourke, an analyst with the Jakarta-based political risk consulting firm Reformasi Information Services,” the top three concerns of the voters will remain the same, which are( eradicating ) poverty, & nbsp, job opportunity, and inflation.”
The COVID – 19 pandemic severely affected Indonesia in 2020, causing its economy to contract by 2.07 % that year. & nbsp,
However, it increased by 3.69 percent in 2021, which was a rebound. Yet last year, it saw a growth of 5.31 percent, the highest in about ten years.
However, despite having 270 million individuals, Indonesia also has approximately 26 million poor people as of March of this year. This is comparable to a poverty rate of about 9 %. & nbsp,
The largest economy in Southeast Asia has recently seen an increase in the price of grain as a result of crop loss brought on by the latest protracted dry climate. & nbsp,
Jokowi, as Mr. Widoho is more commonly known, has been monitoring Indonesian markets to make sure there is enough grain available to keep prices low.
A rise in grain prices will lead to an increase in prices. The inflation rate was 5.51 percent the previous month. It was only 1.87 percent in 2021. & nbsp,
Inflation is anticipated to be around 3 % this year, but it could be higher if the rice price situation does not improve. & nbsp,
The price of corn and other cost of living will undoubtedly be people’s top concern when they go to the polls the following year. Rice is a well-liked staple food. In addition, & nbsp,
About 204.8 million Indonesians may be eligible to vote, making the upcoming elections the largest single-day election in the world, according to the election committee. & nbsp,
Fresh voters make up more than half of the available electorate. & nbsp,
Therefore, it’s possible that prospects will talk about addressing unemployment during their campaigns. & nbsp,
According to Mr. Aditya Perdana, a political scientist from the University of Indonesia, younger voters may undoubtedly inquire about their chances of finding employment or even finding work as freelancers. & nbsp,
Indonesia’s poverty rate last year was around 5.86 percent, and it is anticipated that it will be between 5 and 5.7 percent this year. Related numbers were foreseen by Jokowi for the following month. & nbsp,