The Jakarta Post
The latest Cabinet shake-up announced by President Susilo Bambang Yudhoyono on the eve of the third year of his second and last term in office has sent a negative signal to the market and the public in general, as his new working team has simply strengthened our perception of his being strongly beholden to the political parties within his coalition government.
The reshuffle of his working team, long overdue, was the last chance for the President to show the people that he is really in charge and ready and willing to take bold, firm decisions for the interests of the country.
However, contrary to the Cabinet reshuffle he made in early December 2005, during his first presidential term when he established perhaps the best economic team since 2000, headed by Boediono (now the Vice President), the new Cabinet simply trumpets, “it is business as usual.”
Instead of brin...