Word: indonesias
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...Read "What Indonesia's President Needs...
...anyone can keep Indonesia moving, it's the 60-year-old former army general who last month was sworn in for what, by law, is his final term. SBY, as he is commonly known in Indonesia, already made history in 2004 as the country's first directly elected President. In a nation where 14% of the country's 240 million citizens still live under the poverty line, SBY, who has a careful, consensus-driven leadership style, delivered one of the G-20's most impressive economic growth rates this year. His anticorruption drive, which landed even...
...grow and our people to prosper." Dumping a marriage-of-convenience Vice President from his first term, SBY selected respected former central banker Boediono as his No. 2 this time around; despite political pressure, he has kept on Finance Minister Sri Mulyani Indrawati, whose commitment to cleaning up Indonesia's regulatory morass has delighted foreign investors even as it has irked some of the President's closest advisers, who didn't appreciate their own business interests coming under scrutiny. (In a further cleanup bid, SBY is instituting a pay raise for his Cabinet members "so they are not tempted...
...without knowing how to look after themselves - and their charges. One of SBY's biggest priorities during his first term was overseeing a massive campaign to root out the Islamic militants who had conducted a series of deadly terror attacks since 2002. For four years, calm reigned in Indonesia. Yet just nine days after the President's re-election, fatal bombings at Jakarta hotels shattered any illusion that extremism had been eradicated. Raids on terror hideouts resulted in the killing of Noordin Top, the Malaysian militant who is believed to have orchestrated the bombings. But questions remain about how Southeast...
...initiatives, which included badly needed transportation fixes. "I have to admit we faced many weaknesses at the time when we convened the infrastructure summits, including the readiness of the provinces," says SBY. "But this time around we are much better prepared." A concerted construction campaign will be needed if Indonesia is to reach SBY's ambitious 7%-plus growth targets. Southeast Asia's largest economy escaped the worst of the global financial crisis in part because its economy was girded by domestic demand, not an export-oriented strategy. Miles of new roads and sea links to better connect this...