Indonesia’s Defense Minister Prabowo Subianto announced his victory in the presidential election, with support indicated by independent pollsters. Prabowo’s administration will take over a USD 1 tln economy that has seen significant growth in the global resource supply chain under Jokowi’s tenure, focusing on refined exports rather than raw commodities. The strategy has enhanced exports, reduced the fiscal deficit, and stabilized the currency, positioning Indonesia favorably in emerging markets.