His search for the most suitable political framework for Indonesia continues to this day. His strong belief in democracy as the grand consensus of the nation’s founders has compelled him to take positions that were sometimes difficult and unpopular. The same spirit is also embodied in the political, democratic, and constitutional research institution he leads: Nagara Institute.
"Nagara Institute is an institute for political, democracy, and state affairs studies that was established in late 2019. The main activities of Nagara Institute are planning and carrying out various activities related to political, democratic, and state affairs studies.
The realization of a state system based on law and democratic values and upholding human dignity.
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Conducting policy advocacy activities in the fields of politics, democracy and state to various institutions, both government and non-government bodies.
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Finance Minister Suahasil Nazara revealed that the State Budget (APBN) recorded a deficit of IDR 319 trillion through the end of September 2026. This figure is equivalent to 1.24 percent of the Gross Domestic Product (GDP). Nevertheless, the government emphasized that this situation remains consistent with the budget design, which was structured from the outset to run a deficit. Suahasil stated that the deficit was necessary to provide the government with greater spending capacity relative to the revenue collected.
President Prabowo Subianto inaugurated four industrial projects entering the commercialization stage at the Indonesia Weda Bay Industrial Park (IWIP) in Central Halmahera, North Maluku, on Thursday (October 8, 2026). The inauguration coincided with the launch of the first export of electric vehicle batteries and the groundbreaking for seven new industrial projects.
Danantara aims to reduce the number of companies under its management to approximately 200 by the end of 2026. However, amidst this streamlining agenda, PT Wijaya Karya (WIKA) and PT Waskita Karya still require restructuring to improve their financial health and reduce their debt burden. Dony Oskaria, Head of the State-Owned Enterprise (SOE) Regulatory Body (BP BUMN), stated that the SOE streamlining process has been mapped out into several schemes, ranging from closure, divestment, and consolidation to restructuring.
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