Indonesia's upcoming elections are 'mind-boggling.' Here's what investors will be watching

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Indonesia's upcoming elections are 'mind-boggling.' Here's what investors will be watching
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On April 17, some 193 million Indonesians will vote for five levels of political office — an exercise described by some analysts as the world's largest single-day elections.

Indonesia — Southeast Asia's most populous country — is due to hold elections this week, and some 193 million voters are expected to cast their votes for five levels of public office in a single day.

"By contrast, India, which is the world's biggest democracy, is conducting its parliamentary elections through a rolling regional process over six weeks in April and May," Bland wrote in a report posted on the think tank's website. The chamber has been dominated by a coalition led by the Indonesian Democratic Party of Struggle, or the PDIP — the political party backing Jokowi's presidential bid. But the coalition's presence in parliament could slip to a slim majority, predicted Sukarsono.

After voting ends, approved pollsters are expected to release"quick counts" or a preliminary outcome of the elections. Official results will likely be known a few weeks later. Foreign investors poured into the Indonesian stock market in the first two months of 2019. They bought a net 10.47 trillion rupiah worth of shares in January and February this year, according to the country's stock exchange.

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