Gibran resignation: Govt assures stable political climate for investor
Jakarta (ANTARA) - Deputy Minister of Industry Faisol Riza has assured investors and the business community that Indonesia's domestic political climate remains stable and secure, following the resignation of Vice President Gibran Rakabuming Raka.
Speaking at the Coordinating Ministry for Economic Affairs in Jakarta on Thursday, Faisol expressed confidence that the constitutional transition managed by the People's Consultative Assembly (MPR) would proceed smoothly.
"I believe everyone can see the process unfolding today—with the MPR receiving a (resignation) letter from Mr. Gibran—and I expect the transition to proceed very smoothly," Faisol told reporters.
"This serves to demonstrate to both investors and the international community that the domestic political climate remains stable, secure and conducive,” he added.
The political transition was triggered earlier Thursday when Gibran officially submitted his resignation letter to President Prabowo Subianto and MPR Speaker Ahmad Muzani.
The resignation followed recent rulings by the Constitutional Court (MK) and the Supreme Court (MA) declaring the high school diploma submitted during Gibran's 2024 presidential election candidacy to be invalid, with the Constitutional Court noting a lack of convincing evidence regarding an equivalent overseas credential.
Addressing the resignation at a State Palace press briefing, President Prabowo Subianto stated that he accepted the decision with a heavy heart while expressing profound gratitude for Gibran's two-year tenure.
Prabowo praised his former deputy's exhaustive grassroots oversight, noting that Gibran had visited 35 provinces, 149 regencies and cities as well as inspected 303 government project sites to monitor national programs.
As the MPR initiates formal constitutional proceedings to fill the vacant vice-presidency, the administration has emphasized continuity and economic stability to maintain investor confidence.
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Translator: Arnidhya Nur Zhafira, Yashinta Difa
Editor: Azis Kurmala
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