Indonesia’s President Replaces Ministers Amid Economic Slowdown

August 12, 2015 12:24 PM

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Indonesia’s President Replaces Ministers Amid Economic Slowdown

JAKARTA, Indonesia — Less than 10 months into his term, President Joko Widodo of Indonesia on Wednesday fired four cabinet ministers, including crucial members of his economic team, in a much-anticipated reshuffle that reflected growing frustration with his government’s struggles to improve the country’s sluggish economy.

The economy is growing at its slowest pace since 2009, with gross domestic product rising only 4.7 percent year on year in the second quarter. The currency, the rupiah, is at its lowest level against the dollar since the late 1990s.

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