After
Wahid administration completed its mandate revoked by the Assembly,
Megawati who previously served as vice president of Indonesia became
the first woman president of Indonesia. Miss Mega, so called, served
from July 23, 2001 until October 20, 2004. Megawati is the son of the
first president of Indonesia, Sukarno. She followed her father's
footsteps lead the nation of Indonesia.
During her reign the people of Indonesia are expecting a lot of positives, especially with the formation of the Cabinet Gotong Royong. Pada cabinet, 26 of the 32 ministers are professionals in their respective fields. Hope the people of Indonesia is not exactly fulfilled. The government was able to stabilize the rupiah exchange rate against the dollar, reducing poverty. The government also managed healthy national banking collapse after the 1998 economic crisis evidenced by BPPN was dissolved in February 2004 had finished their job. In addition, Indonesia managed to get out of the IMF in 2003 which indicates Indonesia is already out of the economic crisis that began in 1998 and Indonesia are more independent.
However, the cold Government and lack of understanding in the field of economics so that the decisions taken are not pro public create confidence decreases continuously.
During her reign, the presidential election is held directly and publicly. It is considered as one of the success of the democratization process in Indonesia. Megawati's defeat in the 2004 presidential election and must leave the government to Susilo Bambang Yudhoyono, a former Coordinating Minister during her reign.
During her reign the people of Indonesia are expecting a lot of positives, especially with the formation of the Cabinet Gotong Royong. Pada cabinet, 26 of the 32 ministers are professionals in their respective fields. Hope the people of Indonesia is not exactly fulfilled. The government was able to stabilize the rupiah exchange rate against the dollar, reducing poverty. The government also managed healthy national banking collapse after the 1998 economic crisis evidenced by BPPN was dissolved in February 2004 had finished their job. In addition, Indonesia managed to get out of the IMF in 2003 which indicates Indonesia is already out of the economic crisis that began in 1998 and Indonesia are more independent.
However, the cold Government and lack of understanding in the field of economics so that the decisions taken are not pro public create confidence decreases continuously.
During her reign, the presidential election is held directly and publicly. It is considered as one of the success of the democratization process in Indonesia. Megawati's defeat in the 2004 presidential election and must leave the government to Susilo Bambang Yudhoyono, a former Coordinating Minister during her reign.
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