Jokowi seeks to tighten grip on state enterprises

Jokowi seeks to tighten grip on state enterprises

The Jakarta Post-News·2019-11-18 10:16

President Joko “Jokowi” Widodo seeks to tighten his grip on key state-owned enterprises (SOEs) by reshuffling their executives and ensuring that the new appointees are able and willing to support the development agenda for his second term in office. Jokowi is now leading a team tasked with reviewing all SOEs and — if necessary — appointing new president directors, presidential spokesman Fadjroel Rahman said over the weekend. “The President has asserted that there is only [his] vision and mission, there is no vision and mission of ministers; the same goes for SOEs.” Arya Sinulingga, an aide to State-Owned Enterprises Minister Erick Thohir, confirmed that the appointment of top executives at state-owned companies would only be done in accordance with the President’s vision and mission. “SOEs are major contributors to the country&rsqu...

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