Indrawati's departure spells trouble for Indonesian reforms

The resignation this month of Indonesia's reform-minded finance minister is a setback for the country's fight against corruption, FinanceAsia readers say.
Mulyani Indrawati
Mulyani Indrawati

The World Bank got its hands on an experienced and talented new team member when it poached Mulyani Indrawati, Indonesia's reformist finance minister, earlier this month. But her departure also dealt a blow to Indonesia's efforts to combat corruption, according to respondents to our web poll last week.

Indrawati's resignation on May 5 came as a surprise. She started a second term just last October and her progressive approach had helped to win the confidence of foreign investors and the international community in general -- though she was not always so popular at home.

Rival politicians, led by Aburizal Bakrie, had been calling for her head ever since the $730 million bailout of Bank Century...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222