Populist-nationalist economic-statism that folds Jokowi's downstreaming-and-infrastructure programme into a larger state- capitalist consolidation. Flagship on the demand side is the Makan Bergizi Gratis (free nutritious-meal) programme launched Jan 2025, targeting ~83 million schoolchildren and pregnant women at an advertised run-rate ~Rp 450 trillion/year (~2% of GDP at full rollout). Flagship on the supply side is Danantara (Daya Anagata Nusantara, Feb 2025) — a sovereign-wealth vehicle consolidating state-owned-enterprise equity (Pertamina, PLN, Mandiri, BRI, BNI, Telkom) outside the finance ministry and outside standard audit scope, targeting USD 900bn in assets under management. Resource-nationalist continuity: nickel downstreaming, bauxite ban enforcement, push for a 'nickel OPEC'. Fiscal posture: VAT raised to 12% on luxury categories Jan 2025 (partial rollback from an originally planned universal hike), deficit ceiling 3% stretched with off-balance-sheet Danantara financing. Institutional posture: coalition holds ~81% of DPR seats, PDI-P squeezed into opposition; military-civic roles expanded via TNI law revision March 2025. Energy/resource nationalism also extends into the biodiesel mandate, with B40 running as the baseline blend and B50 scheduled for second-half 2026 implementation. Coherence: low — free lunches and macro-orthodox VAT hike pull against each other; Danantara and Sri Mulyani's budget discipline in visible tension.
Policy-content fingerprint — how the framework codes this movement on its axes
Size of cash and near-cash transfer programmes (unemployment benefits, means-tested assistance, universal child benefits). Architecturally distinct from forced-saving schemes — see condition welfare_architecture.
increased · strong
larger transfer footprint
Free-meals programme is the largest single in-kind transfer expansion in Indonesian fiscal history.
Lowy Institute (2025), 'Prabowo's First Hundred Days'
Ministry of Energy and Mineral Resources, B50 Biodiesel to be Implemented in 2nd Semester 2026, 28 June 2026: https://www.esdm.go.id/en/media-center/news-archives/b50-biodiesel-to-be-implemented-in-2nd-semester-2026
Notes
Electoral: Prabowo-Gibran won 58.6% first round, 14 Feb 2024 (absolute majority
avoided runoff). Coalition commands ~81% of DPR seats — largest single-president
coalition share since Reformasi.