Prabowo vows smooth transition, pushes privatisation

Jakarta | Indonesia’s presumed president Prabowo Subianto on Tuesday promised a “very smooth” transfer of power later this year and opened the door to privatising state-run firms while maintaining government control of key economic sectors.

Speaking at an investment forum, Mr Prabowo, who unofficial vote counts show won the February 14 presidential election by a huge margin, also said he believed economic growth could reach 8 per cent annually within the next four or five years.

Reuters