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Indonesia Presidential Race Heats Up Amid Mass Campaign Rallies

Indonesia Presidential Race Heats Up Amid Mass Campaign Rallies

(Bloomberg) -- Indonesian presidential candidate Prabowo Subianto called for change in a rally Sunday, talking down the government’s economic performance as competition heats up ahead of an election next week.

Indonesia goes to the polls on April 17 in a contest that pits the incumbent Joko Widodo against the contender with the economy being the focal point in the race. President Widodo was to speak later in the day at South Tangerang in the province of Banten.

Prabowo, a former general who Widodo beat in the 2014 election, told a rally at a stadium in Jakarta that Indonesia’s "wealth is robbed continuously, taken and sent abroad," and that the leakage would cost the country 10,000 trillion rupiah ($708 billion) over the next five years.

Indonesia Presidential Race Heats Up Amid Mass Campaign Rallies

"Indonesian people are fed up, want improvement, want change," Prabowo said. He put the number of people at the rally at "more than a million" although that figure could not be verified.

The latest polls have Widodo on track to win, with a Roy Morgan survey April 3 putting support for him at 56.6 percent. Still, Prabowo has closed the gap in recent weeks on the back of a promise to lower prices and to get “a better deal” in trade with China. Some surveys have estimated about 10 percent of voters remain undecided.

Growth Target

Southeast Asia’s biggest economy has been growing at about 5 percent, below the 7 percent targeted by Jokowi when he came to office in 2014. Meanwhile, inflation eased to 2.48 percent last month, the slowest pace of price growth since 2009.

Widodo touted a massive infrastructure drive as a key achievement over his first term while vowing to alleviate poverty and create more jobs if he stays in office. Prabowo has also pledged job creation, while hitting out at the government over a current account deficit and trade imbalance with China.

The two candidates have a series of mass rallies planned before a campaign blackout period begins on April 14.

To contact the reporters on this story: Karlis Salna in Jakarta at ksalna@bloomberg.net;Arys Aditya in Jakarta at aaditya5@bloomberg.net

To contact the editors responsible for this story: Daniel Ten Kate at dtenkate@bloomberg.net, Sungwoo Park, Stanley James

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