Prabowo Subianto’s first term, which runs until October 2029, faces domestic headwinds that shape trader views on early departure risks. His approval rating has declined sharply to around 51 percent in mid-2026 polls, driven by perceptions of weakening economic conditions, a rupiah near record lows, and stock-market underperformance. Student-led protests have highlighted fiscal strain from the free nutritious meals program and energy subsidies, alongside isolated corruption cases and food-safety incidents tied to the initiative. The administration has responded with program reviews, anti-graft measures, and efforts to curb imports, while maintaining a broad parliamentary coalition. No formal impeachment proceedings or constitutional triggers have emerged, and the next scheduled election remains years away. Scheduled budget sessions and policy adjustments through late 2026 could influence short-term stability.