Cempaka Business and Economy: Indonesia's new finance chief: reforms will go on

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Saturday, May 22, 2010

Indonesia's new finance chief: reforms will go on

Businessweek, By IRWAN FIRDAUS, JAKARTA, INDONESIA

President Susilo Bambang Yudhoyono congratulating Agus Martowardojo, the country’s next finance minister, on Wednesday. Agus is currently president director of PT Bank Mandiri. (Rumgapres Photo)

Indonesia's new finance minister pledged Thursday to continue with the reform agenda started by his predecessor, who maintained economic growth but angered some with her anti-corruption sweep and tax enforcement.

Agus Martowardojo, CEO of state-owned Bank Mandiri - the country's largest bank - was named Wednesday to take over the Finance Ministry from Sri Mulyani Indrawati, who resigned to take a position at the World Bank.

"We will continue the bureaucratic reforms that have been administered by Minister Sri Mulyani," Martowardojo told reporters Thursday at his house. "In addition, we will maintain fiscal resilience and will maximize all efforts in creating a harmonious relationship between fiscal and monetary policy, so that our economic growth can be sustained."

Economists and businessmen have already voiced support for Martowardojo, who will go from leading a national bank to managing the budget of Southeast Asia's largest economy.

"He has dedicated his knowledge as banker to maintain a good performance in managing the country's largest bank," said economist Fauzi Ichsan. "He really understands how to keep the country's rupiah and bonds stable."

Martowardojo is a career banker who successfully led a private bank before becoming CEO of Bank of Mandiri in 2005. He was reappointed just last week for a second term as CEO at the bank after reforming Mandiri's assets by slashing non-performing loans and raising the bank's profile among international investors.

His weakness may be his lack of government experience, Ichsan said, but that will be balanced by his deputy minister, Anny Ratnawati, a longtime bureaucrat who is the ministry's current director-general of budgeting.

Sofyan Wanandi, chairman of the Indonesian Employers Association, said the new minister was well-informed on the workings of the Indonesian economy but would also have to learn a little about politics.

"I am confident that the new minister will manage the Indonesian economy well as long as he can confidently stand up to some challenges," Wanandi said. "Sri Mulyani dared to say 'no' to the president. We don't know whether Martowardojo has the guts to say 'no' for the sake of the economy or can overcome the hurdles of politics and policy in relation to the economy."

The minister and his deputy will be sworn in later Thursday.

Outgoing minister Indrawati praised the new appointments.

Associated Press writer Niniek Karmini contributed to this report.

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Saturday, May 22, 2010

Indonesia's new finance chief: reforms will go on

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