Jokowi faces short honeymoon

Jul 23, 2014

Tackling fuel subsidies and appointing the right finance minister will determine Joko Widodo’s success as Indonesia’s new president. But for now, investors are upbeat.

Investors and sell-side analysts say they are pleased with Joko “Jokowi” Widodo’s victory in this week’s presidential elections in Indonesia, but the urgent work of tackling budget issues means he will have little time to bask.

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