Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say

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JAKARTA, April 1 — Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role...

Cozo Cafe is a welcome addition to Cheras' Taman Alam Jaya with its chicken rice, chicken chop and moreIndonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role of finance minister, sources close to the president-elect told Reuters.

“Mr. Prabowo prefers a future finance minister with great competence and well welcomed by market,” one of the sources said.Basri, chairman of Indonesia’s biggest lender Bank Mandiri, was finance minister in 2013 and 2014, navigating the “taper tantrum” that spurred capital outflows from emerging markets after the US Federal Reserve said it would taper its programme of quantitative easing.

“Mr. Prabowo will scout as there’s seven months left before the inauguration,” one of the sources said, referring to the assessment among the candidates.

 

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