RI economy may be impacted by Century case
Indonesia's economy will not suffer in the long run if Finance Minister Sri Mulyani Indrawati or Vice President Boediono are ousted from the cabinet over the Bank Century case, a senior economist from Standard Chartered Bank says.
"At the moment, international investors don't consider this case to be very big. But if it can topple the finance minister or the vice president, it will attract more attention. Will it affect Indonesia? Maybe in the short term, but not in the long run," senior economist Fauzi Ichsan said in a forum held by the bank on Monday.
"It won't affect the fundamentals (of Indonesia's economy)," he added.
Analysts say the Century case, involving a bailout worth Rp 6.76 trillion (US $736.84 million), may target Mulyani or Boediono, who were responsible for the bailout decision. The parliament's inquiry committee is summoning all parties involved.
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