Jusuf Kalla Run For President in 2014?

Jusuf Kalla Run For President in 2014? | Former vice president M. Jusuf Kalla is still weighing whether or not he would run for president in 2014. "It will all depend on whether the nation still needs a figure like him or not. Let us just wait and see," he said here on Saturday.

The survey mechanism to be used by the Golkar Party to select a candidate provides an opportunity for Jusuf Kalla to be nominated by the party to become its candidate for the presidential election in 2014.

Golkar Party secretary general Idrus Marham said earlier the survey would be open for all figures including Jusuf Kalla as a former party general chairman. If his popularity and electability is high he may be put under consideration, he said.

Marham however said he was still optimistic current Golkar Party chairman Aburizal Bakrie would be ranked higher in the survey. He said Jusuf Kalla`s promotion was mere an opinion from certain elite numbering less than 20 percent. The opinion will not always be in line with the aspiration of the people reaching 80 percent.

Marham said his side would not like to see the past problem to happen again in which a presidential candidate had been too late to conduct familiarization and communication with the people.

President Susilo Bambang Yudhoyono would end his term in 2014 and by law he could not be reelected as he has already been in the post two times.

source: Antara

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2012: Indonesia Economic Growth Will be lower than 6.7 %

BI predicts economic growth next year at below 6.7 pct

Governor of Bank Indonesia (BI/the central bank) Darmin Nasution predicted Indonesia`s economic growth in 2012 at below the government`s target of 6.7 percent it set in the 2011 draft state budget.

The BI governor said that the slower economic growth which was predicted to be lower than the target was due to the slowing down of world`s economic performance as a result of the financial crisis in the United States and Europe.

"The slowing down of the world economy will have impact on the declining of commodity prices that will eventually drive down export and economic growth. With that conditions the economic growth in 2012 could be below the target," Darmin said during a meeting with the budgetary body of the House recently.

Darmin said that in the last two months uncertain economic developments could be seen clearly as a result of the debt and fiscal crisis in the United States.

"This conditions have the risk of driving down the world economy, affect the world trade and reduce the demand for Indonesia`s export commodities," he said.

However, the assumed figure of 6.7 percent in the state budget could be achieved if it is supported with a strong fiscal policy through high budget absorption so that higher economic growth could be boosted, he said.

"The target could be achieved if the absorption of the state budget could be accelerated," the BI governor said.

In the meantime, the local currency rupiah is also expected to continue to appreciate more than the 2012 budget prediction, which was set at Rp8,800 per US dollar.

He said that now the rupiah had up to August continued to appreciate with a stable volatility, yet it would appreciate further in 2012 as a result of the world economic turmoil.
"In 2012, the balance of payment will continue to be in surplus as a result of capital inflow into the country`s the real and portfolio investment sectors. This will boost limited appreciation of the rupiah, causing it to be more appreciative than the assumed exchange rate in the budget," Darmin said.

source: Antara

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