Wed, 21 Oct 2009
Susilo Bambang Yudhoyono, the Indonesian president, has indicated he will appoint fewer technocrats to his new cabinet than expected as he prioritises consolidation of his parliamentary majority over implementation of investor-friendly reform.

Both foreign investors and reform activists had hoped that the leader of south-east Asia’s largest economy would keep his promise to use his overwhelming election victory in July to choose ministers who would tackle the lingering challenges of endemic corruption, crumbling infrastructure and an uncertain legal system.

But Mr Yudhoyono, who was sworn in for his second and final five-year term on Tuesday with Boediono, his vice-president, appears set to name only 16 independent professionals to his 36-strong cabinet. The names along with detailed goals for his first 100 days, first year and whole term are expected on Wednesday.

The former general, as with his first government, now seems likely to restrict technocrats to some of the key economic portfolios. Other posts, based on statements from candidate ministers, will be used to reward political parties that supported his re-election.

“President Yudhoyono seems to think that winning over the people doesn’t mean he will win over parliament,” said Amin Abdullah, the head of the State Islamic University in Yogyakarta. “Perhaps he’s afraid that his programmes will run into problems in parliament so he’s adopted a safety first approach.”

Sri Mulyani Indrawati, the incumbent finance minister and a prominent reformer, is set to keep her job, as is Mari Pangestu, the trade minister. Other likely technocrat appointees include Gita Wirjawan, a former banker with JPMorgan, as investment agency chief; Marty Natalegawa, a rising diplomat, as foreign minister; and Mustafa Abubakar, who reformed the state logistics agency, as state enterprises minister.

Mr Yudhoyono’s Democrat party, which with 148 legislators is the largest in the 560-seat parliament, is likely to get six cabinet seats. Five other parties are set to receive seats. Together they have 423 seats, prompting concerns there will be insufficient checks and balances on the former general’s government.

People close to the president say he may compensate for the dominance of party political ministers by appointing technocrats as deputy ministers, a new concept in Indonesia.


Wed, 21 Oct 2009
From: JakChat
Comment by Om Pong
5 years of bollocks ahead then.


Wed, 21 Oct 2009
From: JakChat
Comment by KuKuKaChu
it appears so. something or someone got SBY by the balls mid year some time, and he's been steadily back-pedalling ever since.



News Search/Filter
Transaction Rates
24 Aug 17
Buy
Sell
AUD1
10,943.27
10,145.66
BND1
10,180.78
9,444.53
BTC1
54,525,563
54,525,563
CAD1
11,043.44
10,244.68
CHF1
14,334.20
13,298.16
CNH1
2,081.18
1,930.35
DKK1
2,198.00
2,039.02
EUR1
16,349.11
15,163.86
GBP1
17,713.72
16,433.84
HKD1
1,770.66
1,642.75
JPY100
12,691.46
11,774.30
LAK1
1.67
1.55
NOK1
1,760.49
1,632.38
NZD1
9,991.50
9,269.02
PGK1
4,474.84
3,933.32
SEK1
1,718.73
1,593.68
SGD1
10,180.78
9,444.53
THB1
415.66
385.43
USD1
13,854.00
12,854.00
VND1
0.61
0.57
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services