The reports come as investors closely monitor Indonesia's economic outlook, with the rupiah facing renewed pressure and policymakers seeking to maintain market confidence.
Since taking office, Prabowo has travelled extensively across Asia, Europe, the Middle East, and the Americas, attending international summits, bilateral meetings, defence forums, and investment discussions.
The handover ceremony took place at the headquarters of the Attorney Generals Office of Indonesia in Jakarta, where stacks of cash were displayed prominently in the main courtyard.
![Student demonstrators take part in a protest marking one year of the Prabowo–Gibran administration on Jl Merdeka Selatan, Jakarta, Monday (20 October 2025). [Suara.com/Alfian Winanto]](https://media.theindonesia.id/thumbs/2026/06/12/81269-student-demonstrators-take-part-in-a-protest/653x366-img-81269-student-demonstrators-take-part-in-a-protest.jpg)
TheIndonesia.co - A group of students is set to stage a protest around Bundaran HI, Central Jakarta, on Friday, 12 June 2026. The demonstrators include students from the University of Indonesia (UI) and the Pancasila University.
The Executive Board of the Student Union of the University of Indonesia (BEM UI), in an Instagram post via @bemui_official, said Indonesia is a wealthy country, yet its people have remained far from prosperity.
It also stated that Indonesia is a large nation, but its citizens are still struggling with hunger.
“Recently, Indonesia’s economy has collapsed. However, unfortunately, the government has only worsened the situation,” the statement read.
It further claimed that fiscal policy is “leaking”, the independence of Bank Indonesia has been undermined, and the government’s public communication falls far short of acceptable standards.
UI student representatives also said the government has been denying current conditions while degrading public criticism and social movements.
“Not only that, state apparatus is being used as a tool to silence those who speak out,” the statement added.
Meanwhile, @bem.fhui said Indonesian citizens have recently been experiencing and witnessing a range of developments that are putting pressure on welfare conditions.
One of the factors threatening livelihoods, it said, is the depreciation of the rupiah.
It added that this has contributed to economic instability, including rising prices of basic goods and increasing layoffs.
“Although our country is rich, the people are increasingly falling into hardship due to economic limitations,” the statement said.
The Faculty of Law Student Executive Board of UI (BEM FHUI) argued that instead of carrying out evaluations, the government continues to engage in what it called wasteful state budget spending.
It pointed to populist government programmes that it claims are ineffective and benefit officials, such as MBG and the Merah Putih Cooperative initiative.
It further alleged that the government continues to promote and maintain these programmes while misleading people in remote areas about their supposed benefits.
