JAKARTA: Indonesia’s cheerful President Joko Widodo will nominate Thomas Djiwandono, the brother of president-elect Prabowo Subianto and his assistant for fiscal problems, as a deputy finance minister after on Thursday, two publications said.
Due to the sensitivity of the data, the resources declined to get identified.
Djiwandono, the political office, the finance ministry, and officers with Prabowo’s Gerindra social group did not immediately respond to request for comment.
” This is to ease the transition of state”, said one of the options.
Djiwandono, a graduate of US universities, has frequently reaffirmed the incoming government’s commitment to abide by governmental regulations and maintain the budget deficit’s legal limit of 3 % of GDP. He has been Prabowo’s primary advocate.
After scores authorities warned that his expensive strategy promises, including a premier program to deliver free school meals, will increase, financial industry have been paying close attention to Prabowo’s fiscal plan.
Concerns about rising debt have put pressure on the costs of Indonesian and rupiah bonds, which have since risen.
