Bank Indonesia’s autonomy under scrutiny as Prabowo’s nephew joins leadership

South China Morning PostCenter-RightEN 1 min read 100% complete by Resty Woro YuniarJanuary 28, 2026 at 12:30 PM

AI Summary

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The appointment of Thomas Djiwandono, President Prabowo Subianto's nephew, as a deputy governor of Bank Indonesia (BI) until 2031 has raised concerns about the central bank's independence. The Indonesian House of Representatives formally appointed Djiwandono, a former deputy finance minister, after he passed required tests and received unanimous approval. This appointment follows Juda Agung's move to the Ministry of Finance. While some analysts fear potential government influence on BI could destabilize the rupiah and trigger capital outflows, others believe the bank's collective decision-making process will mitigate any individual influence. Djiwandono's selection was attributed to his experience in the Ministry of Finance.

Key Entities & Roles

Key Player Opposition Context

Muhammad Misbakhun 30% Bank Negara Indonesia 35% Soedradjad Djiwandono 40% Margono Djojohadikusumo 40% Juda Agung 50% House of Representatives 50% Ministry of Finance ×260% Indonesia ×380% Prabowo Subianto ×390% Thomas Djiwandono ×495% Bank Indonesia (BI) ×6100%

Keywords

bank indonesia 80% bank indonesia autonomy 80% central bank independence 70% capital outflows 70% prabowo subianto 60% foreign investors 60% rupiah currency 50%

Sentiment Analysis

Negative

Score: -0.20

Source Transparency

Source

South China Morning Post

Political Lean

Center-Right (0.50)

Far LeftCenterFar Right

Classification Confidence

90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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bank indonesia bank indonesia autonomy central bank independence capital outflows prabowo subianto foreign investors rupiah currency

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