If the 2024 Election Runs in One Round, the Impact is Positive for Investment.
According to Aviliani, a senior economist from the Institute for Development of Economics and Finance (Indef), it would be more optimal if the Presidential Election (Pilpres) is held in one round. According to her, this can have a positive impact on the investment level in Indonesia.
The translation of the given 'Bahasa' text to 'English' while preserving the HTML tags is as follows: "Election 2024 is scheduled to be held simultaneously on Wednesday, February 14, 2024."
Aviliani stated that after February, it is estimated that investment realization will increase. This is because during the election period, investors generally tend to wait and observe.
"Investors, especially in the real sector, want to invest but they don't know who the president is. What will the policies be like, so maybe if there is another round, after February it will start to improve again (investment),"
Aviliani said during the Public Discussion 'Evaluation and Perspective of Female Economist INDEF towards the National Economy, Thursday (28\/12\/2023).'
"Swipe Up"
Meanwhile, if the Presidential Election (Pilpres) is held in two rounds, investors will take a longer time to adopt a wait and see approach. The impact can affect the economic conditions in the coming year.
"This is also what makes 2024 not necessarily better than 2023. That's because we also have an election year," he said.
Aviliani also hopes that the presidential candidate (capres) and vice presidential candidate (cawapres) can maintain order without causing any disturbance. This aims to enable investors to maintain their decision to invest in Indonesia.
"If Investors Leave Indonesia"
If investors choose to leave Indonesia and not invest their capital in this country due to the instability that arises after the elections, it can create difficulties for the progress of the nation and the country in the future. Therefore, Indef hopes that next year's elections and presidential elections can proceed peacefully.
As conveyed by Aviliani, Head of Retail Research at Sinarmas Sekuritas, Ike Widiawati also expressed the view that holding general elections in one round is more beneficial for maintaining market stability. In another opportunity, Ike stated that the scenario of holding general elections in one round could push the Composite Stock Price Index (IHSG) to reach the level of 7,700.
"The first round scenario is better for the IHSG, more likely to reach the highest level of IHSG at 7,700," said Ike quoted from Antara.
"He stated that if the election continues to the second round, it will cause concerns among business actors."
The cause is that the continuation of the second round of elections will prolong political uncertainty. On the contrary, if the elected president is already determined in the first round, political stability will be achieved more quickly, providing certainty to the market.
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