The Indonesian Update — Volume XVII , No.5 – May 2023 (English Version)

The May 2023 edition of the Indonesian Update presents a main report on the opportunities for implementing the Central Bank Digital Currency (CBDC) in the ASEAN region. As a center of economic growth, the increasingly advanced payment system in ASEAN also has the opportunity to contribute to it. One way is through CDBC. However, in reality, the financial inclusion gap is still a challenge amidst the opportunities that exist. In addition, the risks of implementing CDBC are still a challenge that must be seriously anticipated.

In the legal field, the Indonesian Update raises the urgency of ratifying the Asset Confiscation Bill. The bill, which has been discussed since 2006, is believed to be able to confiscate assets that are disproportionate to income or assets that are sources of additional wealth that cannot be proven. However, this leaves questions about how the mechanisms will be implemented, including in terms of human rights (HAM). Next, we discuss the revision of the Village Law (UU) to become a priority in the National Legislation Program (Prolegnas) for 2023. This has then sparked pros and cons in the society.

In the political field, the Indonesian Update looks at women’s issues in the selection process for candidates for legislative members. The two main problems for women in the selection process for legislative candidates are that women are often only used as complements, and women do not get the electoral districts they really control or do not get strategic serial numbers. Next, we discuss the readiness of the Candidacy Information System, or Silon, in the registration stage for legislative candidates for the 2024 elections.

In addition, in the political field, we also discuss the performance of Ganjar Pranowo in leading Central Java through three variables; namely, the Human Development Index (IPM), Gender Development Index (IPG), and the percentage of poor people.

In the social field, the Indonesian Update raises the issue of implementing a policy of religious moderation in preventing the practice of religious intolerance in Indonesia. Furthermore, we also discuss the enforcement of seasonal population administration discipline, which is carried out after Eid to anticipate increasing poverty and crime in urban areas.

It is hoped that the monthly publication of the Indonesian Update with current themes will help policy makers in government and business institutions – as well as academics, think tanks and elements of civil society, both domestic and foreign, to obtain actual information and contextual analysis on economic, political, social, and legal conditions in Indonesia, as well as an understanding of public policy in Indonesia.


Happy reading.

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