Election Protester rally at Thamrin Street, Central Jakarta on May 21 - Photo: Special

JAKARTA (TheInsiderStories) — Good morning! Rally of election protesters at the Indonesia’ Election Supervisory Body’ office turned chaos until dawn. Mass burned firecrackers, also threw rocks and woods to the security officers.

The rally calling for the disqualification of Joko Widodo – Ma’ruf Amin from the presidential election due to allegations of electoral fraud, started at 3 p.m. on Tuesday (05/21). After asked protester to end the rally, national police and military dispersed water cannon and tear gas to mass, created gripping situation. Now, the condition has been conducive after.

More protesters are estimated to come on May 22. Indonesia government has declared standby one alert since General Election Commission (GEC) declared Widodo – Amin’ winning on Tuesday predawn. The pair won presidential election by 55.5 percent. agains their contender Prabowo Subianto and Sandiaga Salahuddin Uno’ vote lost count at 44.5 percent.

Amid the insecurity, foreign investors recorded outflow in state debt securities by Rp10.37 trillion (US$720.13 million) since last April. Until May 20, Finance ministry stated that foreign investors held Rp952.2 trillion state securities, or 38.33 percent of total state securities. Even though the number was falling in the last few weeks, it is still higher than 2018’s position at Rp893.25 trillion.

Anti-graft commission is investigating alleged corruption for 16 fast patrol boats and four inspection boats procurement. So far, three officials in Finance ministry’ Excise Directorate General, and two officials in Marine and Fisheries Ministry have been determined as suspects. The corruption is allegedly created Rp117.73 billion country’s loss.

Then, United Kingdom Prime Minister Theresa May will set out a new deal for Britain’ departure from the European Union, her fourth attempt to break an impasse in parliament over Brexit that has plunged her government into crisis. Her spokesman said the deal will include certain significant new aspects.

But many lawmakers, hardened in their positions, have decided not to vote for the Withdrawal Agreement Bill, legislation which implements the Brexit terms. May is having divisions not only in parliament, but also her party.

With dozens of her own Conservative Party lawmakers determined to vote against the bill, May must try to win over opposition Labour lawmakers.

Yesterday, the Jakarta Interbank Spot Dollar Rate (JISDOR) strengthened by 0.11 percent to 14,462, due to Bank of Indonesia’ intervention amid foreign outflows.

May you have a profitable day!

Written by Linda Silaen and TIS Intelligence Team, Please Read Our Insight to Get More information about Indonesia

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