Indonesian President reshuffles cabinet

(Baonghean.vn) - On Wednesday (August 12), Indonesian President Joko Widodo began a cabinet reshuffle, replacing a number of ministers, including the Minister of Economy and the Minister of Trade. The news was provided by two officials working in the Presidential Palace.

With Southeast Asia's largest economy still unstable, Mr. Joko Widodo, under pressure from the public and his party, was forced to reshuffle the cabinet when he could not control the economic recession.

Indonesia's gross domestic product (GDP) grew by only 4.67% in the second quarter. This is the slowest growth rate in the past 6 years.

Indonesian President Joko Widodo spoke on August 10. Photo: Reuters

The reform is aimed at reassuring investors with President Joko's pledge to revive the country's economy and attract more investment.

“Many ministers have been summoned to the presidential palace to discuss this reshuffle,” an official said from the presidential palace.

Economy Minister Sofyan Djalil and Trade Minister Rahmat Gobel are among the ministers who will be replaced. According to Indonesian media, former Central Bank Governor Darmin Nasution will replace Economy Minister Sofyan Djalil and Quvat CEO Tom Lembong will be appointed as Trade Minister.

Ngoc Trung

(According to Reuters)