December 24, 2009

Since Indonesian President Susilo Bambang Yudhoyono (SBY) swore in his new Cabinet in October 2009 he has been assailed by the press over the undermining of the Corruption Eradication Commission (KPK) and who is to blame for the recent US$716 million bailout of Bank Century.But as a parliamentary inquiry looks to haul in government top-shots to play the blame-game, alongside an investigation by the Supreme Audit Agency (BPK) and under the watchful eye of the Corruption Eradication Commission (KPK),

The over-politicization of monetary policy could start costing billions of dollars, while money flows out of the country and investors hold back.Political rows overshadowed the first 100 days and economic plans of SBY´s new government, despite its big majorities in general and presidential elections.But the electorate had had enough of the old parties and a corrupt parliament.The President briefly looked all-powerful, with his comprehensively crafted coalition, even including Ministers from the defeated Golkar Party.