17 May 2010
Whether forced or voluntary, the exit of Dr. Sri Mulyani Indrawati from her post as Minister of Finance, Republic of Indonesia, has worried some investors and analysts that the Indonesian economy would be seriously hurt. High political maneuvering has been suspected behind the exit. However, her exit to a higher, world position as a Managing Director of the World Bank may be an optimal political compromise between President Yudhoyono and his attackers. The President may have released Mulyani from her post as an exchange with tamed political tension, to avoid impeachment against the President and Vice President.
The political tension since Yudhoyono started his second term in October 2009 has been very high and wild, especially with the Bank Century case. Opening the “wound” and “sins” of each other, particularly its rivals, has become a recent common feature in Indonesia’s politics. Politics have dominated news in Indonesia. For instance, a very important, high level, economic meeting, led by the President and attended by all ministers and governors, to socialize the economic targets during 2009-2014, failed to grasp significant space in Indonesia’s mass media.