Today's Top 3 News: President Prabowo Outlines Ambitious Plans Ahead of Administration's 100-Day Mark

TEMPO.CO, Jakarta - Tempo English compiled the  on Sunday, January 19, 2025. Here are the highlights: President Prabowo Outlines Ambitious Plans Ahead of Administration's 100-Day Mark; President Prabowo Denies Plan to Halt Infrastructure Projects, Focuses on Privatization; Economist Warns Indonesia's 2025 Budget Deficit Could Widen Due to Free Meal Program.

The following is the list of the top 3 news on Tempo English today:

1. President Prabowo Outlines Ambitious Plans Ahead of Administration's 100-Day Mark

TEMPO.CO, Jakarta - As President Prabowo Subianto and Vice President Gibran Rakabuming Raka approach their administration's 100-day milestone on January 28, 2025, the President highlighted several promises during the Indonesian Chamber of Commerce and Industry (Kadin) Consolidation National Conference in Jakarta on Thursday, January 16, 2025.

Speaking at the event, which marked Anindya Bakrie’s inauguration as Kadin Chairman for the 2024-2029 term, Prabowo pledged rapid progress, significant surprises, and transformative achievements.

2. President Prabowo Denies Plan to Halt Infrastructure Projects, Focuses on Privatization

TEMPO.CO, Jakarta - President Prabowo Subianto has dismissed rumors suggesting that he plans to halt infrastructure projects. Instead, he emphasized that such initiatives will be handed over to private companies for execution.

“It is not true; I am not stopping infrastructure projects. Most of the infrastructure will be handed over to private companies to develop,” Prabowo said on Thursday, January 16, 2025.

3. Economist Warns Indonesia's 2025 Budget Deficit Could Widen Due to Free Meal Program

TEMPO.CO, Jakarta - Samuel Sekuritas Indonesia's senior economist, Fithra Faisal Hastiadi, has cautioned that President Prabowo Subianto's priority program for providing free nutritious meals could significantly widen Indonesia's 2025 budget deficit. Fithra projects the deficit could exceed the target by Rp200 trillion.

The government initially planned a fiscal deficit of 2.53% of gross domestic product (GDP), equivalent to Rp616.2 trillion. However, Fithra predicts the deficit may reach 2.9% of GDP. “This means the fiscal deficit next year might not be Rp600 trillion, but potentially as high as Rp800 trillion,” he stated during an online seminar broadcasted on RSM Indonesia's YouTube channel on Friday, January 17, 2025.

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