Prabowo's Policies Prompt Banks to Withdraw Cash from Indonesia

1 sourceFirst reported 23 days agoUpdated 23 days ago

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Three major foreign banks have withdrawn $640 million from Indonesia since 2024.
This withdrawal is attributed to President Prabowo Subianto's state-focused economic policies.
The actions reflect growing concerns among global banks about the Indonesian economy.

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Prabowo Risks Prompt Global Banks to Pull Cash Out of IndonesiaBloomberg · 23 days ago

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AI summary: catch up in 20 seconds

Three major foreign banks have withdrawn $640 million from Indonesia since 2024.
This withdrawal is attributed to President Prabowo Subianto's state-focused economic policies.
The actions reflect growing concerns among global banks about the Indonesian economy.

Generated by AI from the 1 sources below · always verify with the originals