08 May 2010

My congratulations to Sri Mulyani Indrawati

Starting on June 1, 2010, Indonesia's Finance Minister, Sri Mulyani Indrawati, will officially take his new position as Managing Director of the World Bank. Indonesia's President Susilo Bambang Yudhoyono has officially agreed to a written request from the President of World Bank Robert B Zoellick to appoints Sri Mulyani as Managing Director. President Susilo Bambang Yudhoyono also considers it is a strategic position, important and honorable position, namely as the second person on the World Bank. According to a press release No:2010/379/EXC from The World Bank, Sri Mulyani Indrawati will supervise three regions: Latin America and Caribbean, Middle East and North Africa, and East Asia and Pacific.

"I am delighted to announce the appointment of Sri Mulyani Indrawati. She has been an outstanding Finance Minister with in-depth knowledge of both development issues and the role of the World Bank Group" said Mr. Zoellick.

"Ms. Indrawati brings a unique set of skills and experience to the World Bank Group, from the vantage point of an advancing Middle-Income country that still faces significant challenges of poverty. She has received global recognition for her success in combating corruption and strengthening good governance" noted Mr. Zoellick.

I'm personally feel that Indonesia will loss the best minister of finance. During her term of office, Sri Mulyani has been working hard to implement reforms in the financial sector and save Indonesia from global financial crisis so its impact was not too effected the Indonesian economy and the recovery running fast. As the side effect of Sri Mulyani's efforts in save Indonesia economy from global crisis, many parties including the People's Representative Council of Indonesia has considers Sri Mulyani in capacity as minister of finance must be responsible for the disbursement of Rp 6.7 trillion in the bailout process of Bank Century. Basically the Council see that the policy of Short Term Loan Facility in the bailout process is a problematic policy and through voting has brought this case into legal channels.

Towards these issue (without reducing my respect to the legal process), I still support Sri Mulyani, because:
  1. Until now, at least until I publish this post, there is no one of legal decision stating that Sri Mulyani Indrawati as Minister of Finance is guilty.
  2. She did not enjoy that bailout money for her personal interest but for this country.
  3. She just did any strategic decisions that needed for facing emergency situation namely global financial crisis. At that time, many countries also doing the same thing namely bailout. In case a little not procedural I think we should aware to the situation. In case the money was misused in the body of Bank Century, I thought the most responsible parties is bank management.
  4. The appointment of Sri Mulyani Indrawati as Managing Director of the World Bank also proving her quality, integrity and credibility in the eyes of the world is considered good.
I rarely write about political issues on this blog because in political world does not recognize the eternal friends or enemies, only recognize the eternal interests. But the big achievement of Sri Mulyani has drawn my attention to write this post. Hopefully you're more successful and "more comfortable" in the World Bank. End of words, I invite the readers of this blog to judge.


  1. What can I add to your post? I can't but say: Hear! Hear!

    Sri Mulyani is on Olympus now. She deserves it. At the same time it is a loss to Indonesia's good governance. Let's hope the President has the courage to appoint someone as her successor who is as independent, capable, intelligent, clean, visionary and tenacious as she was.

    He, the president, should ignore the scheming of Sri Mulyani's foes.

  2. Colson,
    I think the vocal council member who against Sri Mulyani also feel lost. I am waiting for their opinion on who the successor of Sri Mulyani that have the same level. Can you predict it ?

    Komentar Anda dapat diartikan mendukung Sri Mulyani.

  3. for me, she still one of the best women that indonesia ever had..

  4. Meutia,
    The struggle of our women's national hero, RA. Kartini, in fighting for women's rights and gender equality was not in vain.

  5. This is a great honour for your country as well as to Sri Mulyani Indrawati. In my opinion, she fully deserves the honour and we can look forward to her contribution on a larger than just Indonesia, canvass.

  6. Another woman on the rise. Thanks for sharing. This is a great article.:)

  7. She has quality. everybody knew that. however, there's still a possibility that the unresolved century case will open up to world community, and somehow affect her new position.

    aniway, congrats to her.

  8. Whenever i see the post like your's i feel that there are still helpful people who share information for the help of others, it must be helpful for other's. thanx and good job.

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  9. Firstly, I'm sorry for the late reply.

    Rummuser, Jolly Princess, and FDH,
    Thank you!

    Ferry Prima,
    Just wait and see. Hopefully the time will prove it.

  10. Hi Tikno,
    Poor Sri Mulyani, she has been "sacrificed" by the president in exchange for Golkar's stronger commitment.

  11. H. Nizam,
    On the last sentence of this post I have wrote:
    "....more comfortable in the World Bank."

  12. it's good to see this information in your post, i was looking the same but there was not any proper resource, thanx now i have the link which i was looking for my research.
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