President Prabowo's 'Villagers Don't Use Dollars' Remark Sparks Economic Concern Amid Rupiah Slump
Politics

President Prabowo's 'Villagers Don't Use Dollars' Remark Sparks Economic Concern Amid Rupiah Slump

President Prabowo Subianto's dismissal of the rupiah's sharp decline, citing that villagers do not use US dollars, has drawn sharp criticism from economists. Experts warn that the weakening currency inevitably inflates the cost of imported goods, affecting even rural populations, and argue that the President's lack of crisis awareness may erode investor confidence.

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