Popular News From Popular Sites: Indonesian president-elect to-do list: fuel subsidies, cabinet

Thursday, August 21, 2014

Indonesian president-elect to-do list: fuel subsidies, cabinet

Indonesian president-elect Joko Widodo speaks to the media at a press briefing in the garden of his home in Jakarta By Eveline Danubrata and Fransiska Nangoy JAKARTA (Reuters) - President-elect Joko Widodo will sit down with Indonesia's outgoing leader next week to discuss pressing economic issues, as investors closely watch for his cabinet picks and his plans to wind down a budget-sapping fuel subsidy scheme. The Constitutional Court on Thursday gave Widodo the green light to lead Southeast Asia's largest economy from its worst slowdown since the global financial crisis. Widodo will begin his five-year term on Oct. 20. Indonesia markets responded positively to the ruling on Friday.




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