Financial Omnibus Law: Politicians in Bank Indonesia? 

The Bill for Development and Strengthening of the Financial Sector (RUU PPSK) dubbed as the Financial Omnibus Law is being discussed. The Bill is designed to amend the provisions of several Laws at once and similar to the controversial Law on Job Creation, there are several new proposals from the House of Representatives in the Bill that need attention. Moreover, there is also topic that cause problem. Said problem arose because the House of Representatives decided to provide an opportunity for politicians to become members of the Board of Governors of Bank Indonesia. Their reason is because these positions are chosen through a political process and therefore the limitation of positions on members of political parties is considered to have lost its relevance. However, is that reason enough to be used to bring political interests into the central Bank?