Indonesia's opposition party needs partner to nominate Jokowi
Published on May 10, 2014 3:23 AM
JAKARTA (REUTERS) - The opposition Indonesian Democratic-Party Struggle (PDI-P) won the most votes in last month's legislative election, according to official results on Friday, but will need support from another party even to nominate its candidate to run for president.
PDI-P won 18.9 per cent of the vote, the election commission said, short of the 25 per cent threshold needed to nominate the hugely popular Jakarta governor Joko "Jokowi" Widodo as president.
PDI-P's failure to secure a decisive victory has led to some concern in financial markets that Southeast Asia's biggest economy is in for a period of political horse-trading. Both stocks and the rupiah have lost ground since the vote.
The small National Democrat (NasDem) party, which won 6.7 per cent, reaffirmed that it was backing PDI-P and Jokowi. "We have already announced our coalition with PDI-P and ... with the official results, we confirm our alliance with PDI-P,"NasDem party executive Ferry Baldan told Reuters.
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