Britcham Indonesia - It’s official. Here’s Jokowi’s economic team in Indonesia Onward Cabinet 2019-2024

It’s official. Here’s Jokowi’s economic team in Indonesia Onward Cabinet 2019-2024

Marchio Irfan Gorbiano

The Jakarta Post

 

President Joko “Jokowi” Widodo inaugurated his Indonesia Onward Cabinet to assist him during his second term, which will end in 2024, in Jakarta on Wednesday, putting an end to speculation over his minister picks.

 

On the economic front, nine new people are on the economic team to work with eight familiar names. They are expected to face mounting challenges in efforts to spur the country’s economy amid global uncertainties and weakness at home, ranging from a skills gap and unemployment to trade deficit and sluggish GDP expansion.

 

Jokowi appointed former industry minister and Golkar Party chairman Airlangga Hartarto as coordinating economic minister.

 

“I want breakthroughs and synergy among ministries so that job opportunities increase,  so we can lower the current account deficit, trade balance deficit and boost import and export substitution-oriented industrialization,” said Jokowi when introducing Airlangga while sitting on Presidential Palace’s stairs along with other Cabinet members.

 

Luhut Pandjaitan retains his position, with some additional tasks, as coordinating maritime affairs and investment minister. The President said he expected the former general to solve investment bottlenecks and realize large investment commitments.

 

Luhut has been having talks with potential big-ticket infrastructure investors from China, the US and United Arab Emirates to make sure Indonesia is targeted in their massive global funding that includes China’s Belt Road Initiative (BRI), the US’ International Development Finance Corporation and the UAE’s Mubadala.

 

Finance Minister Sri Mulyani Indrawati also kept her job, in line with market expectations.

 

“I believe that investment-friendly taxes, debt-to-GDP ratio and current account deficit are her responsibilities,” said Jokowi, a former furniture businessman himself.

 

Public Works and Housing Minister Basuki Hadimuljono and Transportation Minister Budi Karya Sumadi will continue developing the country’s infrastructure and connectivity.

 

Environment and Forestry Minister Siti Nurbaya, who represents the NasDem Party, and Agrarian and Spatial Planning Minister Sofyan Djalil also retained their positions, as the high-ranking officials have a crucial role in Jokowi’s grand plan to relocate the country’s  capital to North Penajam Paser and Kutai Kartanegara in East Kalimantan.

 

New ministers under Coordinating Maritime Affairs and Investment Minister

New ministers under Coordinating Maritime Affairs and Investment Minister (JP/Esther Samboh)

 

In addition to the familiar faces, new names were also introduced to the economic team.

 

Golkar politician Agus Gumiwang Kartasasmita became industry minister while Agus Suparmanto, a PKB politician, fills the trade minister position, replacing NasDem’s Enggartiasto Lukita.

 

“Export-oriented industrialization, import-substitution-and-technology-oriented industrialization and micro, small and medium enterprises are under his [Agus Gumiwang] supervision,” the President said.

 

He also appointed former Indonesian ambassador to Japan, Arifin Tasrif, as energy and mineral resources minister. As ambassador, Arifin, who has a long background as a state-owned executive in sectors ranging from fertilizer to petrochemicals, was involved in the development of the gas-rich Masela block in a record $20 billion investment by Japan’s Inpex.

 

Jokowi assigned NasDem politician Syahrul Yasin Limpo as agriculture minister and Gerindra Party politician Edhy Prabowo as maritime affairs and fisheries minister.

 

Meanwhile, his former expert staff Teten Masduki became cooperatives and small and medium enterprises minister, former presidential campaign team chairman Erick Thohir was appointed state-owned enterprises minister.

 

NET TV cofounder Wishnutama Kusubandio was appointed tourism and creative economy minister, while Indonesian Young Entrepreneurs Association (Hipmi) chairman Bahlil Lahadalia became Investment Coordinating Board (BKPM) chief.

 

“I have ordered my Cabinet to not get involved with corruption! Second, there are no ministers’ vision and mission, instead there’re only the President and Vice President’s visions and missions,” Jokowi said. “All of you must work seriously and I ensure that I’ll remove those who don’t.” (prm)