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Jakarta Post

SBY appoints Chatib Basri as Finance Minister

Man of the hour: Chatib Basri waves after he was appointed finance minister by President Susilo Bambang Yudhoyono at the presidential office in Jakarta on Monday

The Jakarta Post
Jakarta
Mon, May 20, 2013 Published on May. 20, 2013 Published on 2013-05-20T14:30:05+07:00

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Man of the hour: Chatib Basri waves after he was appointed finance minister by President Susilo Bambang Yudhoyono at the presidential office in Jakarta on Monday. Chatib, currently head of the Investment Coordinating Agency (BKPM), succeeds Agus Martowardojo, who has been appointed governor of Bank Indonesia. (Antara/Andika Wahyu) Man of the hour: Chatib Basri waves after he was appointed finance minister by President Susilo Bambang Yudhoyono at the presidential office in Jakarta on Monday. Chatib, currently head of the Investment Coordinating Agency (BKPM), succeeds Agus Martowardojo, who has been appointed governor of Bank Indonesia. (Antara/Andika Wahyu) (BKPM), succeeds Agus Martowardojo, who has been appointed governor of Bank Indonesia. (Antara/Andika Wahyu)

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span class="caption">Man of the hour: Chatib Basri waves after he was appointed finance minister by President Susilo Bambang Yudhoyono at the presidential office in Jakarta on Monday. Chatib, currently head of the Investment Coordinating Agency (BKPM), succeeds Agus Martowardojo, who has been appointed governor of Bank Indonesia. (Antara/Andika Wahyu)

President Susilo BambangYudhoyono has officially appointed Investment Coordinating Board (BKPM) head Chatib Basri as Finance Minister after he underwent a fit-and-proper test at the Presidential Office in Jakarta on Monday, Antara news agency reported.

Chatib was dubbed by many analysts as the strongest candidate to take the position, replacing Agus Martowardojo who has been selected as Bank Indonesia (BI) governor for 2013-2018.

Coordinating Economic Minister Hatta Rajasa is currently acting finance minister.

In an earlier statement, Hatta said the new minister would be a professional and not from a political party.

'He is professional and a non-party figure,' he said. (ebf)

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