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Stock impact report

Prabowo Eyes Former Bankers for Indonesia Finance Minister Role [BNN Bloomberg (Canada)]

PT BANK NEGARA UNSP/ADR (PTBRY) 
Company Research Source: BNN Bloomberg
Prabowo, who declared victory in the recent presidential election, is considering Health Minister Budi Gunadi Sadikin, Deputy State-Owned Enterprises Minister Kartika Wirjoatmodjo, financial regulator Chairman Mahendra Siregar and PT Bank Negara Indonesia President Director Royke Tumilaar as potential contenders, according to people familiar with the matter. They're seen as most suitable for the role because of their financial expertise as well as effective leadership, said the people who asked not to be named because the discussions are private. Prabowo won't involve the finance minister position in any political bargaining, as he sees the post as above politics and requiring acumen in managing the budget, they added. The new finance minister would take over from Sri Mulyani Indrawati, the only woman to ever be appointed to the role since Indonesia's independence in 1945. She steered the economy through the turmoil caused by the pandemic, embarking on an unprecedented debt monet Show less Read more
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