The series of political safaris actively conducted by the 7th President of the Republic of Indonesia, Joko Widodo (Jokowi), is assessed to potentially cast negative sentiment on national economic stability. The Rector of Paramadina University, Prof. Didik J. Rachbini, expressed that this political maneuver could cloud the uncertainty of the investment climate amidst rupiah exchange rate fluctuations and dynamic capital market movements.
Didik highlighted Jokowi's political moves, which began in Lampung and are planned to continue to various other regions. According to him, these outdoor activities demonstrate a political reality that contradicts Jokowi's previous statement promising to retire and return to Solo as an ordinary citizen. This move is seen as a signal of a rift in the coalition with the administration of President Prabowo Subianto, which is beginning to emerge ahead of the 2029 political contestation.
In addition, the intensity of this political movement is also reinforced by regional safaris conducted by Vice President Gibran Rakabuming Raka. Didik assesses that the split concentration of the elites on practical political dynamics risks neglecting economic recovery programs for the general public.
From a political economy perspective, friction or rivalry among the power elites tends to bring negative impacts on the business world. Investors and market players are predicted to be more cautious in responding to the uncertainty of policy direction and bureaucracy resulting from the dynamics of relations between the current power and the shadow of the previous leadership's influence.
In fact, referring to fundamental indicators, Indonesia's current economic condition is relatively solid with controlled inflation, a trade surplus, and adequate foreign exchange reserves. However, non-economic pressure triggered by political tensions is assessed to risk undermining the stability that has been built.
