Indonesia - 04

Indonesia: Cabinet Reshuffle: Implications for IOCs

President Widodo announced his highly anticipated cabinet reshuffle on 12 August. The most positive aspect of the reshuffle is the strengthening of the cabinet’s economic expertise. Darmin Nasution, the new coordinating minister of economic affairs, is a competent figure who is well-regarded for his prior service as director general of tax from 2006 to 2009 and head of Bank Indonesia from 2010 to 2013. Along with World Bank Managing Director Sri Mulyani, who declined…

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