Extra Risk in the Political Year
In addition to supply chain disruptions and the global recession threat, increasing political heat ahead of the 2024 election could pose an additional risk for business players.
Prospective investors consult with the one-stop integrated service officer at the Investment Coordinating Board (BKPM) Building, Jakarta, Tuesday (26/1/2021).
JAKARTA, KOMPAS — The threat of a global recession and increasing inflation at the producer level are not the only obstacles to business. The increasing political heat ahead of the 2024 elections may cause uncertainty that has the potential to slow down investment.
Although the 2024 general election, which will be held on 14 Feb. 2024, is still about 19 months away, the political heat has begun to increase. The maneuvers of a number of political elites make the political year seem to arrive faster. This situation impacts the business climate amid the threat of a global recession.