The Anchor that Might Be Lost
Monday, 13 February 2023
If Sri Mulyani really becomes a serious candidate for Bank Indonesia governor, the financial market will see a negative signal. The brakes that safeguard prudent financial policy might very well come loose.
INDONESIA has not entered the election year yet. However, political “horse trading” among party leaders is starting to ramp up. The market is carefully observing these tug-of-wars as it might cause significant changes in the Indonesian political landscape. And, in the short run, this political jockeying might trigger a cabinet reshuffle.
President Joko Widodo might say that improving government performance is his only consideration i...
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