Jakarta (ANTARA News) - Former President Soeharto (86) died on Sunday (Jan 27) at 13:10 after he was treated about two weeks at the Pertamina Hospital in South Jakarta.
The Indonesian second president was admitted to the Pertamina Hospital last Friday on January 4, 2008, for suffering from anemia and severe edema.
Soeharto began his New Order government after then President Soekarno authorized him in March 1966 to overcome the chaotic situation in the aftermath of the aborted Communist coup in 1965.
A special session of the provisional People`s Consultative Assembly (MPRS) in March 1967 appointed Soeharto acting president and he was officially sworn in Indonesia`s second president in March 1968.
Soeharto who was born in Kemusuk village, Yogyakarta, on June 8, 1921, ruled the country for 32 years through six consecutive general elections.
Between 1960 and 1965, the national economy grew merely by an average of 2.1 percent annually. The inflation rate reached over 250 percent in 1961-1965 and even jumped to 650 percent in 1966.
After the stabilization and rehabilitation drive carried out by the New Order in 1966 and 1968, economic growth reached an average of six percent.
Thus, in 1969, Soeharto began to implement his ideas to lift up the country from poverty through five-year development plans called "Repelita".
At the start of Repelita I, Indonesia`s per capita income stood at US$70, and Indonesia was rated as one of the poorest countries in the world.
About three decades later, the country`s per capita income went up to US$1,155 and Indonesia was regarded a middle income country. The economy grew convincingly by an average of seven to eight percent a year over a period of 25 years.
Entering the 80s and the 90s, the inflation rate was maintained at an average of 10 percent, and in 1996 it reached 6.5 percent.
The result of Soeharto`s economic programs made Indonesia which had been crippled by poverty in the previous three decades, one of the newly emerging economies in South East Asia.
The number of poor people declined from 60 percent in 1967 to 40 percent in 1980 and 21 percent or 37 million people in 1987. With a population of about 200 million, Indonesia was able to further reduce the number of its poor to 11.3 percent or 22.5 million in 1996.
The success of his economic development earned him the title "Bapak Pembangunan" (Father of Development) which was conferred on him by the People`s Consultative Assembly (MPR) in 1983 in recognition of his success.
Through diversification in the agricultural sector, Soeharto also succeeded in turning Indonesia from a rice-importing to a rice-exporting nation.
In 1980, Soeharto declared Indonesia self-sufficient in rice and traveled to Rome in 1985 to receive a crowning award from the Food and Agricultural Organization of the United Nations.
The New Order era leader resigned from the presidential post on May 21, 1998.
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