Indonesia President to Decide Candidates for Central Bank Chief Soon

BANK INDONESIA / BI - JAKARTA. Indonesian President Joko Widodo said he would decide later on Tuesday or on Wednesday the candidates he intended to nominate to parliament to be the governor of the central bank after the current chief's term ends in May.

The president is expected to provide his nominations to parliament this month so that lawmakers can conduct a "fit-and-proper test" and select a new governor for Bank Indonesia (BI) before the incumbent, Perry Warjiyo, finishes his first term.

"We will decide today or tomorrow," Jokowi, as the president is popularly known, said, according to a transcript of his statement shared by his office.

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Sources told Reuters last month that Jokowi was considering nominating Warjiyo for a second term as well as looking at several other candidates for the job, including his finance minister Sri Mulyani Indrawati, deputy central bank governor Destry Damayanti and the head of the Indonesia Deposit Insurance Corporation Purbaya Yudhi Sadewa.