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Jakarta Post

Editorial: Boediono to lead central bank

  • The Jakarta Post

Jakarta   /   Thu, April 3 2008   /  01:38 am

President Susilo Bambang Yudhoyono's nomination of the incumbent Coordinating Minister for the Economy, Boediono, as the new governor of Bank Indonesia is a breakthrough in the deadlock over the selection of a new leader for the central bank. Boediono, more than anyone else, is the best candidate for the job, both because he is politically acceptable to the House of Representatives, and because he can meet all the tough requirements in the face of the uncertainty in the international financial market and weakening global economy. He is also a greatly capable macroeconomist with extensive international networks and experience, including as a governor of the World Bank. Boediono is a good speaker, an able chief executive and an international diplomat with a calm and careful attitude in getting things accomplished. His knowledge and blend of experiences--he was...