Indonesia's Indrawati to stay on as finance minister

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NSTworld: After meeting Widodo, Indrawati said she had agreed to stay on as finance minister.

Widodo has since Monday tapped more than a dozen candidates for ministerial posts, including his presidential election rival Prabowo Subianto, who looks set to be defence minister.

“Indonesia I think is facing a very dynamic and uncertain global economy and an economic slowdown that is pressuring the whole world,” Indrawati said. “Sri Mulyani is seen as a key architect behind the fiscal discipline in recent years and many wish for her continued leadership in driving deeper fiscal reforms,” Bank of America wrote in a note.

 

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