Monday, July 27, 2026

RN

Right News

Economy

Indonesian Students Revolt Against Socialist Spending and Fuel Hikes

Protesters demand an end to President Prabowo’s disastrous free meal program and rising costs that threaten the nation’s fiscal stability.

EconomyPublished June 12, 2026 at 11:15 AM
An Indonesian student protester wearing yellow marching on the street in Jakarta with one arm raised

The streets of Jakarta erupted in protest this Friday as hundreds of students confronted the government over the failing economic policies of President Prabowo Subianto. Demonstrators are sounding the alarm on a fiscal trajectory they warn will lead the nation to bankruptcy, specifically targeting the administration's signature $28 billion free meal program.

This massive government spending initiative, which officials attempt to justify as an 'investment,' has instead been marred by reports of mass food poisonings and rampant corruption. The economic fallout is already being felt by the middle class, as the government recently hiked fuel prices by over 30% to help subsidize these bloated state programs.

As the rupiah hits fresh lows, the public is rightfully furious that their tax dollars are being squandered on inefficient bureaucracy while their own cost of living skyrockets. While protesters attempted to march toward the Hotel Indonesia roundabout, they were met by police barricades.

Despite the administration's claims of constitutional protections for speech, students reported being suppressed by authorities as they chanted against the rising cost of survival.

With the hashtag #MenujuIndonesiaBangkrut—meaning 'Towards Bankrupt Indonesia'—trending online, it is clear that the public has lost patience with a government that prioritizes expensive pet projects over fiscal responsibility.

Tags

indonesiaeconomygovernmentspendingprotestfiscalresponsibility

More in Economy

Peolep walking past a bus stop advertising for Chinese e-commerce fashion company Shein on 11 July 2026 in London.
Economy18h ago

Trump Tariffs Bite Back: Shein Swings to $99M Loss

Shein reported a $99 million quarterly loss after President Trump’s executive order ended the de minimis tariff exemption, forcing the company to confront the reality of fair trade.

President Donald Trump. He has a serious look on his face and is wearing a blue suit with a white shirt and red tie.
EconomyJuly 24, 2026

Trump Administration Imposes New Tariffs to Protect American Manufacturing

The Trump administration has enacted a new wave of tariffs ranging from 10% to 12.5% on 60 trading partners to combat forced labor practices and defend American economic interests.

Samira Hussain with long brown hair on the left and President Trump holding the signed Liberation Day tariff document.
EconomyJuly 24, 2026

Trump's Tariffs: Protecting American Industry from Globalist Exploitation

President Trump is leveraging tariffs as a necessary tool to combat unfair trade practices and force a long-overdue correction in the global market.