Indonesia’s middle class is shrinking: Can resilience outlast the economic shifts?

Indonesia’s middle class is shrinking amid President Prabowo Sibianto’s sweeping budget cuts and economic reforms. Tensions are rising as initiatives like free lunches and a new sovereign wealth fund emerge at the expense of the country’s infrastructure and job creation. This shift is fueling unemployment and weakening household stability for many. Without structural reforms and transparent governance, these changes risk worsening inequality and undermining long-term stability

Indonesia’s middle class is shrinking Can resilience outlast the economic shifts.pdf

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