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Widodo Seeks Indonesian Reboot as Currency Pressure Mounts

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Indonesian President Joko Widodo is going for a reboot.

The president, known as Jokowi, revamped his economic team in a cabinet reshuffle on Wednesday as China’s currency devaluation spurred further declines in the rupiah. On Friday, he will lay out a fresh plan to revive an economy growing at the slowest pace in over five years when he unveils the 2016 budget and makes his first state of the union address.