Sri Mulyani World Bank Managing Director


In the middle of the spotlight on a number of policies have ever decided, Finance Minister Sri Mulyani Indrawati has filed a letter of resignation to President Susilo Bambang Yudhoyono (SBY).

This is related to the appointment of himself as the managing director (chief executive) World Bank (World Bank). Sri Mulyani replace Juan Jose Daboub, a former finance minister of El Salvador, from 1 June.

SBY has received the resignation letter yesterday (5 / 5). She also has to approve the appointment of Sri Mulyani as managing director of the World Bank.

''My response is that I also agree after listening to the petition of Ms. Sri Mulyani Indrawati has served as managing director for the World Bank. With notes, before occupying the new position, I hope Mrs. Sri Mulyani completing tasks and affairs in the country,''Yudhoyono said in an official statement at the Presidential Office, Jakarta, yesterday (5 / 5).

The new position seems to be a''middle way''for the fate of Sri Mulyani. Previously, along with Vice President Boediono (then governor of Bank Indonesia), he is considered responsible for the distribution policy of bailouts (bailout) to Rp 6.7 trillion to the Century Bank.

At that time, as Finance Minister, Sri Mulyani, chairman KSSK (Financial Sector Stability Committee).

Members of Parliament also urged the Sri Mulyani and Boediono off from his job pending the investigation into the case thoroughly. Some even demanded their withdrawal.

Later, Sri Mulyani again highlighted the case of tax evasion related to Paul Tumewu, president commissioner of PT Ramayana Lestari Sentosa. When Paul expressed the complete file by the prosecution and ready to be relegated to the courts, Sri Mulyani, sent a letter to the attorney general to seek termination of the case. The reason, Paul has settled its tax arrears of Rp 7.99 billion, 400 percent penalty. So, come out SKPP (an assessment cessation of prosecution) for Paul.

With his new job, Sri Mulyani, would be based in Washington DC, USA. He had to be at World Bank headquarters on June 1 next. At the World Bank, the managing director is the second highest position after the president who is now occupied by Robert Bruce Zoellick, former deputy Secretary of State. Zoellick served since July 1, 2007 to replace Paul D. Wolfowitz.

During this time, the World Bank president is always filled with U.S. citizens. Therefore, the managing director is the top job at the World Bank which could be occupied by non-US citizens. In international forums, Sri Mulyani, including those industrious enough to voice to the World Bank's top executive is not only filled with U.S. citizens.

Currently the World Bank's 186 member countries. Sri Mulyani will be one of three managing director of the World Bank. Sri Mulyani, would oversee the three areas. Among these, the region of Latin America and the Caribbean, the Middle East and North Africa, and East Asia and the Pacific. He also will oversee the Information Systems Group. The last executive director is appointed Zoellick Ngozi Okonjo-Iweala. He is a former finance minister and foreign minister of Nigeria in October 2007. The third executive director, Graeme Wheeler, in January and said he would leave the agency next month's final. Wheeler worked in the Ministry of Finance of New Zealand before joining the World Bank.

SBY revealed, he received an official letter from the World Bank President Robert Zoellick on April 30, 2010 when a working meeting at the Palace Tampaksiring, Bali. Letter dated 25 April it contained a request from Zoellick to recruit Sri Mulyani. Before formally submitted his letter, Zoellick spoke informally with Yudhoyono to ask for permission to recruit Sri Mulyani.

Yudhoyono said Indonesia had lost one of his best ministers. ''We know, as Finance Minister, Mrs. Sri Mulyani has worked hard to develop an appropriate fiscal policy,''he said.

He also praised Sri Mulyani has been determined that reforming the financial sector to discipline the use of the budget. Including, accountability or responsibility to the state budget. SBY also mentioned the reform of taxation and customs are considered to have succeeded in increasing state revenues significantly.

Besides that, SBY, Sri Mulyani praised as the spearhead of international diplomacy. Especially in the group G-20 countries (20 forums developed and developing countries) and other international economic forum. He also said Sri Mulyani has been working hard to save the national economy from the impact of the global financial crisis in 2008.

Despite feeling lost, SBY said Sri Mulyani new position is also very important. ''I hope Mrs. Sri Mulyani could strengthen the World Bank and World Bank could be a bridge to the developing countries in Asia. Including, the World Bank with Indonesia,''he said.

SBY, Sri Mulyani successor states will have to remain running in macroeconomic policy and fiscal policy carefully and precisely. ''Obviously, reforms in finance, taxation, and customs we will also continue and continue. We efektifkan,''he asserted. After the death of the minister, Yudhoyono hoped the new minister remains the task at forums like the G-20.

Separately, Sri Mulyani confirmed about his resignation as Finance Minister and his appointment as managing director of the World Bank. ''Yes. The news was true,''he said when met at Pacific Place, the Ritz-Carlton, Jakarta, yesterday.

He said it still awaiting official approval from the President SBY. ''While I am still running tasks and processes in the Ministry of Finance,''he said.

Yesterday afternoon Indrawati had said it would hold a press conference related to his resignation plans. The press conference which had been due be postponed to 13:00 o'clock 16:00 o'clock. However, late afternoon press conference was canceled.

Meanwhile, the news pullback Sri Mulyani received a response from his colleagues. Inspector General Kemenkeu Hekinus Manao claimed loss. ''I was shocked and felt lost. But, from the other side, yes proud because he got confidence with reasons that he has the ability to admit.''

According Hekinus, news of the withdrawal of Sri Mulyani has been delivered during the breakfast meeting with officials yesterday Kemenkeu. Hekinus call, the electoral process as a managing director of Sri Mulyani underway since late last year. ''The team from the World Bank Committee has been looking for information about Sri Mulyani and finally he was in the top list of candidates,''he said.

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