Politics9/18/2025β€’Bloomberg

Prabowo Takes Aim at Indonesia Tycoons Following Deadly Unrest

Prabowo Takes Aim at Indonesia Tycoons Following Deadly Unrest

Prabowo Subianto, the former general and unsuccessful presidential candidate, is taking aim at Indonesia's powerful tycoons in the wake of deadly unrest. After failing to win the presidency, Prabowo is now seeking to reshape the country's economy by targeting billionaires, sidelining political rivals, and applying pressure on the central bank. Prabowo's strategy involves challenging the dominance of Indonesia's business elite, many of whom have close ties to the political establishment. He has accused these tycoons of exploiting the system and called for a more equitable distribution of wealth. At the same time, Prabowo is working to consolidate his own political power, sidelining potential rivals and exerting influence over the central bank. This has raised concerns about the potential for political interference in economic policymaking. The article highlights the complex and often contentious relationship between politics, business, and economic policymaking in Indonesia, as Prabowo seeks to assert his vision for the country's economic future.

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