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Jakarta Post

Politicians on economic team raise eyebrows

  • Marchio Irfan Gorbiano, Adrian Wail Akhlas and Prima Wirayani

    The Jakarta Post

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Jakarta   /   Thu, October 24, 2019   /  04:27 pm
The Jakarta Post Image
Indonesia Onward Cabinet after the announcement on Wednesday. (JP/Seto Wardhana)

The appointments of several new people to hold positions in President Joko “Jokowi” Widodo’s economic team have raised concerns among economists and have left financial market players in the dark over their future policy directions despite a warm welcome from business players. Jokowi announced on Wednesday the composition of the Indonesia Onward Cabinet for his second term from 2019 to 2024 with several politicians and professionals having been assigned to hold positions on the economic team. The new economic team is to be led by respected coordinating ministers: Golkar Party chairman Airlangga Hartarto for economic affairs and retired Army general Luhut Pandjaitan for maritime affairs and investment. Newcomers include National Awakening Party (PKB) politician Agus Suparmanto as trade minister, former Indonesian ambassador to Japan and longtime private sector e...