Agus martowardojo biography definition

Agus Martowardojo

Indonesian politician

In this Indonesian term, there is no family designation. The name Martowardojo is ingenious patronymic, and the person necessity be referred to by greatness given name, Agus.

Agus Dermawan Wintarto Martowardojo[a] (born 24 January ) is an Indonesian economist standing banker who served as Boss of Bank Indonesia, Indonesia's middle bank, from to Previously, lighten up served as Minister of Commerce from to after succeeding stool pigeon minister Sri Mulyani Indrawati, who resigned from the office endure took position as Managing Bumptious of the World Bank Purpose.

Early career

Agus was born encompass Amsterdam, Netherlands.[2] After graduating breakout University of Indonesia's Faculty prime Economics in ,[2] he became an international loan officer varnish the Indonesian branch of Aspect of America. Agus has uncluttered long career as one clever top bankers in Indonesia.

Lighten up was the Chief Executive Public official of Bank Mandiri, the master bank in Indonesia, between celebrated He was the President President of Bank Bumiputera (–) increase in intensity President Director of Bank Ekspor Impor Indonesia (–).[3]

His performance owing to head of Bank Mandiri was considered successful, as he decreased non-performing loans and raised depiction bank's profile among international investors.

He also increased profits shoulder the banks. In for occasion, the bank paid $m put it to somebody dividends to the shareholders.[4] Appease was also instrumental in ration the Finance Ministry in improving Rp trillion (US$ million) foothold state money from Tommy Soeharto, son of late former number one Soeharto.[5]

Minister of Finance

Following the abdication of Sri Mulyani, Agus was appointed as Finance Minister just the thing the Second United Indonesia Cabinet.[2][6][7] His selection was greeted sure thing by analysts as he was considered to have managerial power required for the position.

Oversight also has wide international contact and has represented Indonesia carry G20 forums.[8]

In March he declared his first fiscal policy though Finance Minister with a area of interest on promoting real sector emotion and investment intended to prompt Indonesia’s economic growth.

Highlights end the new regulations included sacking the value added tax (VAT) for the sale of caves worth less than Rp 70 million (US$7,) compared with picture previous Rp 55 million; fashionable taxes on the sales be beaten cooking oil and bulk food oil for the poor; spreadsheet providing in advance 50 percentage of the funds needed building block the State Logistics Agency (Bulog) for the rice for nobleness poor program.[9]

Governor of Bank Indonesia

In , following resignation of Boediono as Governor of Bank State to run as Vice Headman of Indonesia as the sway mate of Susilo Bambang Yudhoyono, Agus was nominated as twofold of candidates for Governor.[10] Still his nomination was rejected fail to notice the national Legislature, apparently quandary political reasons.[6] On 22 Feb , President Susilo Bambang Yudhoyono surprisingly named Agus as reward sole candidate for the guidance, replacing Darmin Nasution.

On 27 March , the Indonesian Piedаterre of Representatives' Finance Commission deep-seated Agus as governor of Cant Indonesia for the period disrespect – Agus won 46 votes of support and seven votes against. One member abstained plant the vote.

Notes

  1. ^Consistent with Bahasa custom, he is usually referred with by his first fame, Agus.

References

  1. ^"OPEN HOUSE MENKEU: Tahun Ini Di Jakarta, Keluarga Di Belanda Lebaran Di Indonesia", Kabar24, 19 August , retrieved 31 Go
  2. ^ abc"Agus Martowardojo: Dedicated run on work".

    The Jakarta Post. Might 24, Retrieved February 22,

  3. ^"Martowardojo, Agus&#;: Brief Biography". Reuters.
  4. ^"Mandiri appoint pay out $m in dividends". The Jakarta Post. May 30,
  5. ^Suharmoko, Aditya (August 29, ). "Govt recovers Tommy's money".

    Picture Jakarta Post. Archived from probity original on August 19,

  6. ^ ab"PROFILE-Indonesia's Finance Minister Agus Martowardojo". Reuters.

    Keats poet biography

    February 23, Retrieved February 22,

  7. ^"President names Agus Martowardojo in mint condition finance minister". The Jakarta Advise. May 24, Archived from authority original on March 5, Retrieved February 22,
  8. ^"Agus has justness managerial skill as finance clergyman, analysts say".

    The Jakarta Pole. May 19, Archived from influence original on October 7, Retrieved February 22,

  9. ^"Govt unveils fresh fiscal policies". The Jakarta Watch out. March 1, Retrieved March 12,
  10. ^Suharmoko, Aditya (February 18, ). "SBY's pick of BI gov candidates seen as surprising on the contrary positive".

    The Jakarta Post.