Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Jokowi Bemused by ‘Leak’ of New Indonesian Cabinet Lineup

Published 2019-10-16, 11:56 p/m
Updated 2019-10-17, 01:00 a/m
Jokowi Bemused by ‘Leak’ of New Indonesian Cabinet Lineup

(Bloomberg) -- Indonesian President Joko Widodo said the composition of his new cabinet has been finalized and it will be announced after his swearing in on Sunday.

Jokowi, as the president is known, has received several “leaked” versions of the names of cabinet ministers for 2019-24 period and read them enthusiastically, he wrote in a Facebook (NASDAQ:FB) post on Thursday.

“Be patient. Indonesia has no shortage of great and capable people to head ministries and institutions and who are willing to serve the nation,” wrote the president, who will be sworn in for a second five-year term on Sunday. “What is clear is the composition of the cabinet for the next period of government has been completed.”

Speculation has mounted in recent days over who among the current cabinet will stay on and how many new faces will make it into Jokowi’s second-term lineup. The president has hinted that he’s open to some of the opposition parties, including Prabowo Subianto’s Gerindra, joining his government as he seeks to drum up support for his reform agenda.

Jokowi has said he’ll retain Sri Mulyani Indrawati, currently finance minister, in his cabinet, though he has declined to say what role she’ll take.

Jokowi said it was not hard to find people capable of filling his cabinet. “They are scattered in all fields of work and professions -- academia, bureaucracy, politicians, students, also the military and police.”

(Updates with Jokowi’s comment on Indrawati in penultimate paragraph. An earlier version of this story corrected cabinet period)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.