Indonesia: Yudhoyono picks Vice-Presidential Candidate

Updated On: May 18, 2009

Presidential Susilo Bambang Yudhoyono announced that he had picked Central Bank Governor Boediono as his running mate for the presidential election in July. The pick has upset politicians in his own alliance and in the Islamic parties.

Mr. Boediono previously served as coordinating minister for economy under Mr. Yudhoyono before moving to Bank Indonesia last year, and was finance minister in the previous administration of Megawati Soekarnoputri, and also held the post of National Development Planning minister under President BJ Habibie in 1999.

Though the pick of Boedino may have been an attempt to maintain a neutral balance with the various parties in the alliance, Yudhoyono may have alienated his political allies with his choice.

Some of the Islamic parties that were highly expected to join a coalition government with Yudhoyono's ruling Democratic Party (DA) are threatening to opt out.

"Based on our calculation, if we withdraw our support and spin around to other parties then we collect sixty percent vote," said Mahfud Siddiq, a deputy chairman of the Islamic Prosperous Justice Party (PKS).

Credit Suisse noted that, in a likely alliance with the six largest Islamic parties, the Democrat-led coalition would control 56.1% of seats in parliament. Without them, it would harder for Yudhonoyo to push his legislative agenda through parliament, should he win the elections.

Nonetheless, analysts said Boediono’s reputation as a clean, effective economic organizer would provide a boost to Mr. Yudhoyono and to local markets, and mark a serious intent to tackle the economic crisis.

"Boediono would be regarded favorably by the market given his clean, incorruptible image and his strong credibility in dealing with economic issues," Citigroup said in a report.

Boediono has already submitted a resignation letter in order to run as President Susilo Bambang Yudhoyono's candidate for vice president


The Wall Street Journal, Yudhoyono Picks Bank Governor as Running Mate , 15 May 2009, http://online.wsj.com/article/SB124236341428523091.html

The Jakarta Post, Boediono for running mate? What was behind the choice? , 15 May 2009, http://www.thejakartapost.com/news/2009/05/15/boediono-running-mate-what...

IslamOnline.net, VP Pick Irks Indonesia Islamic Parties , 13 May 2009, http://www.islamonline.net/servlet/Satellite?c=Article_C&cid=12398888831...

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