Jokowi Weighs Up Four Candidates for BI Governor

President Jokowi has four “old faces” as candidates for Bank Indonesia governor. Experience and ability to manage monetary policy ahead of 2019 are the main considerations.

BI uang

A staff delivered banknotes in Bank Indonesia's representative office in Surabaya, East Java, June 7, 2017. | ANTARA FOTO/Moch. Asim

President Joko Widodo is pondering four candidates for Governor of Bank Indonesia (BI). All are ”old faces,” previously serving as finance minister or as members of BI’s board of governors. This is because he is prioritizing candidates who have the experience and ability to manage monetary policy.

Current BI governor, Agus Martowardojo, will end his term in May. Based on Law No. 23/1999 on Bank Indonesia, President Joko is preparing the names of candidates to be proposed and submitted for approval to the House of Representatives (DPR).

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