Chatib Basri, a key figure helping to draw record foreign investment into Indonesia, has been named the country's new finance minister. His new duties will include trying to rev up Indonesia's slowing economy ahead of elections. "Chatib Basri is reform-minded, and we believe he brings a good spectrum of experience to the MoF. Our sense is that his appointment is market positive," said Prakriti Sofat, Singapore-based regional economist at Barclays.

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