resident Joko "Jokowi" Widodo has dropped a plan to attend the Indonesia Stock Exchange (IDX) closing bell ceremony on Friday, which will conclude the final trading day of the year.
A spokesperson for the Financial Services Authority (OJK), which invited the President to attend the event, said that Coordinating Economic Minister Darmin Nasution would replace the President to close the final trading day of 2016.
(Read also: Jokowi to close IDX final trading day 2016)
IDX president director Tito Sulistio previously said the presidential office had confirmed Jokowi’s attendance at the event. IDX director Nicky Hogan, however, said it was still unclear why the president cancelled his scheduled appearance.
"We do not know why yet," Nicky told The Jakarta Post.
In 2015, Vice President Jusuf Kalla closed the final trading day of the year and the President opened the first trading day in 2016. (hwa)
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