Indonesian President Prabowo Subianto expressed his concern over the practice of greed or "serakanomics" in the management of state assets that does not side with the interests of the people and even threatens the constitution.
In his speech at the closing of the 2025 PSI Congress, Surakarta, Central Java, Sunday (20/7) evening, the Head of State touched on a new phenomenon in the world of economics which he called the greedy economics school , namely greedy behavior that no longer pays attention to morals, law, or the interests of the nation.
" This greed-nomics is over. It's not in books, it's not in economics universities like this. This is the science of greed," he said.
He stated that he and Vice President Gibran Rakabuming had been sworn in to implement the 1945 Constitution and enforce all applicable laws and regulations.
