Mega's Rainbow Cabinet
Tuesday, August 14, 2001
For now the good ship Megawati Sukarnoputri has clearly set sail. Things are largely in the hands of professionals and bureaucrats, the kind of people who created Indonesia's economic boom of the 1980s. The economics team the president named as she announced her cabinet last Thursday got a warm response from the financial markets. The rupiah strengthened to Rp9,110 against the US dollar as the so-called Mutual Assistance cabinet was unveiled.
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