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Indonesia named Chatib Basri finance minister today as the government prepares to raise the price of subsidized fuel and curb a current-account deficit that has hurt the rupiah.
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President Susilo Bambang Yudhoyono’s surprise choice of Agus Martowardojo to run Indonesia’s central bank met with mixed reactions, with some questioning his record as finance minister and others praising his banking experience.
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Bank Indonesia Deputy Governor Budi Mulya became the latest target of probes into the 2008 PT Bank Century bailout that have threatened President Susilo Bambang Yudhoyono’s ability to fulfill his economic agenda.
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Indonesian President Susilo Bambang Yudhoyono nominated Finance Minister Agus Martowardojo to replace Darmin Nasution as central bank governor in a bid to reshuffle his top policy team.
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Mari Pangestu, Indonesia’s candidate to succeed Pascal Lamy as head of the World Trade Organization, said her experience helping the country recover from the 1998 financial crisis may help revive the Doha Round of trade talks.
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In the annals of career suicide, Dominique Strauss-Kahn may warrant his own chapter.
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In the annals of career suicide, Dominique Strauss-Kahn may warrant his own chapter.
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June 22 (Bloomberg) -- World Bank Managing Director Sri Mulyani Indrawati discusses the impact of the euro-zone debt crisis and U.S. slowdown on emerging markets. She speaks with Francine Lacqua and Guy Johnson from the sidelines of the St. Petersburg International Economic Forum on Bloomberg Television's "City Central." (Source: Bloomberg)
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President Susilo Bambang Yudhoyono’s surprise choice of Agus Martowardojo to run Indonesia’s central bank is gathering support among some members of the parliamentary committee that will decide on the appointment.
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Economies in the Association of Southeast Asian Nations are “resilient” to Europe’s sovereign debt woes, with governments having room for monetary and fiscal policy changes, World Bank Managing Director Sri Mulyani Indrawati said.
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