Investment in Indonesia Can Stagnate in Election Year

Reporter: Bidara Pink, Dendi Siswanto | Editor: Syamsul Azhar

KONTAN.CO.ID - JAKARTA. It is predicted that Indonesia's economic growth in the 2024 election year will not be significant. Even though consumption can increase, the election momentum has the potential to restrain investment. In addition, global conditions that are still shrouded in uncertainty will affect the domestic economy.

Many economists agree that Indonesia's economy will grow positively in 2024. It can still touch the 5% level. However, next year's growth rate is threatened to slow down compared to the 2022 increase of 5.31%.