Indonesian students plan 'Indonesia Heading Towards Bankruptcy' protest with five key demands

Student groups are set to protest on Friday, June 12, 2026, in Jakarta, voicing strong criticism of the current economic situation under the slogan "Indonesia Heading Towards Bankruptcy." The protest, organized by the Student Executive Body of the University of Indonesia (BEM UI) and a coalition of other student organizations, will take place at the Hotel Indonesia Roundabout.

BEM UI Chairman Yatalathof Ma'shum Imawan stated that while the economy may show growth on paper, ordinary citizens are not experiencing any improvement. He pointed to rising rice prices, fewer job opportunities, and burdensome taxes as key issues. Imawan accused the government of focusing on public relations and distributing projects to allies rather than addressing the people's struggles.

The students argue that their criticisms, backed by data, have been ignored, and the government has evaded responsibility. They highlight concerns such as taxes on micro, small, and medium enterprises, the cancellation of royalties for the mining and coal sector benefiting oligarchs, and the perceived misallocation of state funds. The protesters also decry the infiltration of militarism into universities, which they believe should be spaces for free thought.

BEM UI and its allies are demanding an end to budget waste, a reduction in the prices of basic necessities and fuel, and the cessation of the "Nutritious Meal Program" and the "Red and White Village Cooperative" development. Furthermore, they call for an end to militarism in civilian areas and for President Prabowo to acknowledge government mistakes. The protest aims to signal that the social contract between the state and its citizens is being eroded.